The sinking of the Deepwater Horizon drill rig in the Gulf of Mexico will create a EUR40 million ($52.8 million) loss for German reinsurer Hannover Re, the firm said.
I know I have discussed cloud computing in this column before, but the fact is it just won't go away. Every day I am inundated with news articles and calls from sales people telling me the cloud is where I need to be.
Despite its reputation for risk aversion, insurance organizations are engaging in more technology innovation than the industry is given credit for, a report from the consulting firm Celent said.
Despite its reputation for risk aversion, insurance organizations are engaging in more technology innovation than the industry is given credit for, a report from the consulting firm Celent said.