Search Results

New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer.

AIG would weigh acquisitions to bolster high-priority businesses, even as CEO Peter Hancock exits other units, the head of the companys commercial insurance operation said.

Banks in Asia have been negotiating partnerships as demand for insurance products rises among the regions increasingly wealthy population.

The CEO is focusing on improving margins in the property-casualty operations that are the core of AIG.

A New York state judge on Monday rejected a bid by a unit of Chubb Ltd. and other insurers to dismiss a suit filed by JPMorgan in 2009 seeking to force them to reimburse it for claims.

The Fed is said to be planning new regulations to require banks to adopt better safeguards to shield themselves and customers from cyber attacks.

AIG named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.

Hackers are increasingly targeting industrial facilities, from oil refineries to nuclear power plants, with sophisticated attacks aimed at capturing data and remotely controlling the sites.