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A report by U.K.-based specialist insurer CNA Hardy, a unit of CNA Financial Corp., found that nearly half of business leaders in the country expect cyber risk to be their top concern by spring 2018, StrategicRisk reported. More than 25% of respondents said that political risk is their top concern. Nearly 40% identified technology risk, such as failure of systems and processes, as their top concern by spring 2018.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees