Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers July 6, 2022 By Olivia Fletcher Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked...
People Moves: MS Amlin Names Liberty Mutual’s Baxter as Head of Reinsurance; DUAL Hires HDI’s Biemann for Cyber; Gallagher Re Taps Swiss Re’s Kreutzer for Nordic Region July 6, 2022 This edition of International People Moves details appointments at MS Amlin, DUAL Europe, and Gallagher Re. A summary of these...
Europe’s Landmark Test of Banks’ Resilience to Climate Risk Is Softer Than Expected July 6, 2022 By Nicholas Comfort and Steven Arons Europe’s landmark test of banks’ resilience to global warming was far softer than many lenders had expected, according to people...
EU Lawmakers Pass Landmark Rules to Rein In Tech Giants, but Enforcement a Concern July 6, 2022 By Foo Yun Chee EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit...
Tesla Software Glitch Affects 59,000 Vehicles Globally: German Road Traffic Agency July 6, 2022 FRANKFURT – Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in...
Del Vecchio’s Successor Shares Same Vision for Building Generali Into European Leader July 6, 2022 By Tommaso Ebhardt Leonardo Del Vecchio’s right-hand man was named on Monday to succeed the Italian billionaire — who died last week —...
UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report July 6, 2022 By Sarah Muller Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer...
Update: Heavy Rains Ease Over Sydney but Floods Continue to Force Evacuations July 6, 2022 By Renju Jose A wild storm system has moved away from Sydney after pounding Australia’s largest city with four days of torrential rain,...
Generali Completes Acquisition of La Médicale from Crédit Agricole Assurances July 5, 2022 Generali has completed the acquisition of La Médicale from Crédit Agricole Assurances, following receipt of the necessary approvals from relevant...
Stricken Bulk Carrier Remains Stranded Near Sydney as Rescue Efforts Fail for 21 Crew July 5, 2022 By Ainslie Chandler Twenty-one crew members remain aboard a bulk carrier which lost power in turbulent waters near Sydney, after overnight rescue attempts...