Money Laundering Risks Remain High in Switzerland, Financial Regulator Says May 6, 2025 Money laundering and cyber risks remained high in Switzerland, the head of the country’s financial market regulator said on Monday,...
Spain Discloses New Power Grid Failure on Day of the Blackout May 5, 2025 By Rodrigo Orihuela Spain’s high-voltage electricity grid suffered more power generation disruptions than previously known ahead of the country’s largest ever blackout, the...
People Moves: Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions; Brit Promotes Mudd to Active Underwriter for Syndicate 2988 May 5, 2025 Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions Insurance broker Aon plc named Anthony DiLorenzo as head...
Markets/Coverages: AXIS Launches Cyber and Liability Policy for Canadian SMEs May 5, 2025 AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and...
Flights Again Halted to Israel After Houthi Missile Lands Near Airport May 5, 2025 European and U.S. carriers canceled flights for the next several days after a missile fired by Yemen’s Houthi rebels on...
TikTok Fined €530 Million for Illegally Sending EU Data to China May 5, 2025 By Samuel Stolton TikTok owner ByteDance Ltd. was fined €530 million ($600 million) by the European Union for illegally sending user data to...
UK Minister Tells Businesses to ‘Wake Up’ After Marks & Spencer Hack May 5, 2025 By Alex Wickham A senior UK minister [this week] will warn businesses to protect themselves against cyber threats after a spate of attacks...
UK Grocer Co-op Says Hackers Obtained Customer Data May 5, 2025 By Ryan Gallagher The UK supermarket chain Co-op said hackers were able to access and extract customer data from one of its systems...
Britain’s M&S Enters 2nd Week of Sales Disruption After Cyberattack May 2, 2025 By James Davey and Sarah Young Britain’s Marks & Spencer entered a second week unable to take online clothing and home orders on Friday following a...
Rebrandings Announced by Acrisure and Clear Group Subsidiaries in UK May 2, 2025 Acrisure Announces Rebranding of UK Retail Broker Sutton Winson Sutton Winson has officially become the first of Acrisure’s nine retail...