Planetary Waves Linked to Wild Summer Weather Have Tripled Since 1950: Study June 19, 2025 By Seth Borenstein Climate change has tripled the frequency of atmospheric wave events linked to extreme summer weather in the last 75 years...
Spain Reveals Details of Chain Reaction That Caused Outage June 19, 2025 By William Mathis and Thomas Gualtieri Spain’s most-detailed account yet of the missteps leading to April’s nationwide blackout failed to fully explain why the power grid...
Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade June 19, 2025 By Alexandre Rajbhandari Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields...
Iran-Israel Conflict Spreads to Hacks on Banks, Crypto June 19, 2025 By Patrick Howell O'Neill and Arsalan Shahla The conflict between Israel and Iran is spilling over into the digital world, inflaming a decades-long campaign of hacks and...
UBS Confirms Data Stolen After Hack at External Supplier June 19, 2025 By Noele Illien UBS Group AG said that information about the company had been stolen in a cyber attack on one of its...
Parametric Insurer Descartes Receives Investment From Battery Ventures June 18, 2025 Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused...
Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson June 18, 2025 By Evelina Youcefi Finland’s Sampo Oyj appointed Morten Thorsrud to succeed retiring Torbjorn Magnusson as chief executive officer, in a sign of continuity...
Asset Owners With $9.5 Trillion Call for Stopping Deforestation June 18, 2025 By Alastair Marsh A coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets has called on investors to...
People Moves: Hamilton Re and Hamilton Global Specialty Announce CEO Appointments, as Graves Retires; Aon Promotes Rieth to Global Cyber Leader June 18, 2025 This edition of International People Moves details appointments at Hamilton Re and Hamilton Global Specialty as well as Aon. A...
China’s Financial Opening Up Offers Opportunities for Global Capital, Regulator Says June 18, 2025 China’s financial opening up and rapidly growing consumer market benefit the country and provide better asset allocation opportunities for global...