Munich Re Posts Better-Than-Expected Profit Amid Low Loss Claims August 7, 2026 German reinsurer Munich Re on Friday posted a 6% rise in net profit in the second quarter, defying expectations for...
AXA XL to Acquire Corporate Intelligence and Cybersecurity Consultancy, S-RM August 7, 2026 AXA XL announced it has entered into an agreement to acquire S-RM, the London-based specialist corporate intelligence and cybersecurity consultancy...
Proposed Hormuz Passage Deal Not Feasible for Shipping Industry, Sources Say August 7, 2026 By Jonathan Saul A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait...
Pressured by Tesla, European Regulators Keep ‘Full Self-Driving’ Safety Data Secret August 7, 2026 By Chris Kirkham and Marie Mannes Four months ago, the Netherlands approved Tesla’s Full Self-Driving (FSD) system and has since then advocated for its adoption across...
Climate Change Made Canada’s Forests Much More Likely to Burn: Report August 6, 2026 By Coco Liu The planet’s warming had a strong influence on destructive wildfires in Canada that have raged across Ontario and the Northwest...
Arthur J. Gallagher & Co. Acquires Canada’s Apollo Insurance Solutions August 6, 2026 Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Vancouver, British Columbia-based Apollo Insurance...
Everest Agrees to Sell Mexico Insurance Operations to Canada’s Fairfax Financial August 6, 2026 Everest Group Ltd., the Bermuda-based specialty re/insurer, announced it has entered into a definitive agreement to sell its Mexico insurance...
Swiss Re Profit Beats Estimates as Reinsurer Boosts Cost Cuts August 6, 2026 By Myriam Balezou Swiss Re AG’s first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets,...
A Chinese Spyware Tool Operates in 13 Countries, Cybersecurity Firm Says August 6, 2026 By Lorelei Smillie A Chinese-built digital spyware tool has evolved into a more all-encompassing surveillance technology that’s in use in more than 13...
Google to Face UK Class Action for Alleged Abuse of Ad Power August 6, 2026 By Upmanyu Trivedi Alphabet Inc.’s Google faces a class action lawsuit over alleged abuse of its dominance after an antitrust tribunal allowed a...