Hackers targeting electric and nuclear power plants: Official

Gabi Siboni, director of cyber security program at Israel's Institute for National Security Studies, has said that hackers have started targeting electric and nuclear power plants around the world, The Jerusalem Post... Read more »

Insurers and reinsurers continue to reduce earnings targets: Survey

A recent survey by A.M. Best Co. Inc. has shown that insurers and reinsurers continue to decrease their return on equity targets as they become less confident in their ability to maintain... Read more »

RHB Capital likely to offload or reduce interest in insurance unit

Malaysia's RHB Capital Bhd. is likely to offload or reduce interest in its insurance arm, RHB Insurance Bhd., as it undertakes major restructuring, The Star Online reported. Read more »

Terror alert issued in India

Sources have said that a terror alert has been issued in India after intelligence agencies warned of a possible attack by terrorist organization Lashkar-e-Taiba, reported Xinhua. Read more »

Vietnam’s helicopter service provider inks $216 million insurance contract

Vietnam Helicopter Corp. has signed an insurance contract with a consortium of three insurers in the country for 2015-16, reported Tinnhanhchungkhoan.vn. Read more »

Canada fourth-most targeted country by cyber attacks: Report

A recent report by Symantec Corp. has ranked Canada fourth globally for ransomware and social media scam attacks in 2014, The Vancouver Sun reported. Read more »

Insurance sector grows 20% in four years

A report by Ireland-based Research and Markets Ltd. has said that Macau's insurance sector grew 20% from 2009 to 2013 in terms of gross written premiums, Macau Business Daily reported. Read more »

Pablo Crain named country manager for XL Group’s Mexican insurance business

Ireland-based XL Group P.L.C. has said that it has appointed Pablo Crain as country manager for its Mexican insurance business, BNamericas reported. Read more »

EEOC proposes rules for workplace wellness financial incentives

The U.S. Equal Employment Opportunity Commission on Thursday published a long-awaited set of proposed rules clarifying the agency's stance on the use of financial incentives within workplace wellness programs. Read more »

Arthur J. Gallagher buys California insurance broker

Arthur J. Gallagher & Co. has acquired Huntington Beach, California-based Madison Risk & Insurance Services, Gallagher said Thursday. Read more »