Korea Slaps Hefty Fine on SK Telecom for Years of Negligence September 4, 2025 By Jane Lanhee Lee and Yoolim Lee South Korea’s largest mobile operator was hit with a fine and stern criticism from the country’s privacy regulator after a...
Goldman Sachs Fights £9 Million Claim From Manager Who Won Paternity Leave Suit September 4, 2025 By Upmanyu Trivedi Goldman Sachs Group Inc. is fighting an £8.9 million ($11.9 million) claim from a former compliance manager who won a...
Fitch Revises Global Reinsurance Sector Outlook to ‘Deteriorating’ on Rising Competition September 3, 2025 By L.S. Howard Fitch Ratings has revised its outlook for the global reinsurance sector to “deteriorating” for 2026 from “neutral” for 2025, reflecting...
Markets/Coverages: Marsh Extends Nimbus Data Center Facility to US Projects September 3, 2025 Marsh, a business of Marsh McLennan, announced the extension of its Nimbus insurance facility for the construction of large-scale data...
Google Adtech Fine on Hold as EU Awaits Lower US Car Duties, Sources Say September 3, 2025 By Foo Yun Chee EU antitrust regulators have delayed fining Alphabet’s Google over its adtech business, while waiting for the United States to cut...
Chinese Firm Faces $420 Million Zambia Mine-Spill Damages Claims September 3, 2025 People affected by a large-scale toxic spill at a Zambian mine in February are demanding $420 million in compensation from...
Jaguar Land Rover Hit by Cyber Incident That Disrupts Production, Sales September 3, 2025 Jaguar Land Rover’s retail and production activities have been “severely disrupted” following a cybersecurity incident, the British luxury carmaker said...
Skyward Specialty Agrees to $555M Buy of Apollo Group From PE Firm Alchemy September 2, 2025 Skyward Specialty Insurance Group said it has a definitive agreement with the majority sellers to acquire 100% of Lloyd’s insurer...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says September 2, 2025 The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up...
EU Chief’s Plane Affected by Alleged Russian GPS Jamming September 2, 2025 By Jorge Valero A plane carrying European Commission President Ursula von der Leyen was disrupted by what authorities suspect was Russian signals interference...