The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.
(Re)in Summary
• Mitsui Sumitomo Insurance (MSI) now holds at least a 12.5% stake in W. R. Berkley Corporation. • This triggers a requirement for the Berkley family to recommend an MSI designee...
Shareholders have backed the sale of Fortegra to South Korea's DB Insurance, which would mark the first-ever acquisition of a U.S. insurer by a Korean non-life insurer.
