International & Reinsurance News

Central European Foot-and-Mouth Disease Leads to Animal Culls and Border Closures

Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that has caused widespread border closures and required the killing of thousands of animals. The outbreak was first detected on a …

Europe’s Hottest Year Turbocharged Extreme Weather Across Region

Europe experienced the hottest year on record in 2024, as climate change combined with a strong El NiƱo to generate a series of extreme weather events and force glaciers into retreat. Half the continent reported new heat records in 2024 …

China Says US Hacked Networks of 2025 Asian Winter Games

China accused a US spy agency of hacking the Asian Winter Games held this year in Harbin, and took the unusual step of identifying individuals it thinks are responsible. The US National Security Agency’s Office of Tailored Access Operations carried …

German Court to Review Seizure of Russian ‘Shadow Fleet’ Tanker

A German court will weigh a request to release a seized oil tanker that is believed to be part of a so-called shadow fleet used by Russia to circumvent oil sanctions, Germany’s finance ministry said on Monday. The Panama-flagged vessel, …

British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing

British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage. The firm, which offers insurance to under-served customers such …

Clorox Australia Fined $5.2 Million Over False Claims of Using Recycled Plastic

Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and …

Estonia Detains and Boards Russia-Bound Oil Tanker Over Insurance Status

Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oil. The tanker, Kiwala, …

Deadly Landslide in Indonesia’s Nickel Hub Signals Supply Risk

A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply. Two workers …

Hackers Breach Morocco’s Social Security Database in Unprecedented Cyberattack

Morocco ‘s social security agency said troves of data were stolen from its systems in a cyberattack this week that resulted in personal information being leaked on the messaging app Telegram. The North African kingdom’s social security fund administers pensions …

AI Weather Models Promise Super Granular, Specialist Forecasts

The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of AI weather models in recent years means small, commercial firms are now developing the ability to rapidly make specialized predictions, …

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