How Crypto Giant Binance Became a Hub for Hackers, Fraudsters and Drug Traffickers June 7, 2022 By Angus Berwick and Tom Wilson BRATISLAVA – In September 2020, a North Korean hacking group known as Lazarus broke into a small Slovakian crypto exchange...
Insurtech MGA Loadsure Offers Smart Annual Cargo Insurance June 7, 2022 InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus. The new offering is an...
Hedge Fund Elliott Sues London Metal Exchange for $456M Over Nickel Trading Halt June 7, 2022 By Selena Li and Eric Onstad U.S. hedge fund Elliott Associates is suing the London Metal Exchange (LME) for $456 million for canceling nickel trades after...
UK-Based MGA iprism Adds AmTrust to Property Owners Panel June 7, 2022 iprism Underwriting, the specialist commercial, property and high net worth MGA, has added property/casualty insurance company AmTrust to its property...
People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region June 6, 2022 This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows...
Greece Wildfire Threatens Homes Near Athens June 6, 2022 By Demetris Nellas and Theodora Tongas ATHENS, Greece (AP) – Greek firefighters on Sunday were battling a wildfire for a second day near two Athens suburbs....
Ukraine Relocates Businesses From War Front to Protect Vital Producers June 6, 2022 By Natalia Zinets Oleg Averyanov’s factory produced fire trucks and employed 600 people until it was forced to halt operations and close its...
Russia’s Rusal Files Suit Against Miner Rio Tinto Over Access to Alumina Refinery June 6, 2022 By Praveen Menon SYDNEY – Russian aluminum producer Rusal has filed a lawsuit against global miner Rio Tinto, seeking to win back access...
Massive Fire at Bangladesh Container Depot Kills at Least 28 June 6, 2022 By Julhas Alam DHAKA, Bangladesh (AP) – A massive fire at a container depot near a port city in southeastern Bangladesh killed at...
Google Ordered to Pay Former Australian Lawmaker for Defamatory YouTube Videos June 6, 2022 By Byron Kaye SYDNEY – An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to...