US, UK Say Russia Targeted Officials in Political Cyber Campaign December 8, 2023 By Ellen Milligan, Ryan Gallagher and Katrina Manson The US and UK have launched a coordinated effort to disrupt a longtime alleged Russian government hacking campaign aimed at...
People Moves: Ardonagh Group Announces Senior Management and Structural Shakeup; QBE Promotes Purkis in Continental Europe Distribution Team December 7, 2023 This edition of International People Moves details appointments at the broker Ardonagh and QBE Europe. A summary of these new...
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re December 7, 2023 Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural...
UK Data Protection Watchdog Warns Companies Over AI Use and Privacy December 7, 2023 Britain’s data protection watchdog warned companies to consider people’s privacy rights whenever they use artificial intelligence (AI) or face not...
Airline Industry to Meet to Discuss Safety Concerns Around Spike in GPS Spoofing December 7, 2023 By Joanna Plucinska Global aviation industry leaders will meet in January to discuss safety concerns around increased GPS interference by cyberattackers steering planes...
AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources December 7, 2023 By Amy-Jo Crowley and Pablo Mayo Cerqueiro AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth...
Maersk Introduces Risk Surcharge on Shipments to Israel to Cover Insurance Costs December 7, 2023 Shipping group A.P. Moller-Maersk said on Thursday it will introduce a risk surcharge next year on container shipments to Israel...
UK Insurance Broker Ardonagh Weighs Refinancing $3.9 Billion Debt Pile December 7, 2023 By Silas Brown The Ardonagh Group is considering refinancing its entire debt stack to help finance more acquisitions, in a deal that would...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots December 7, 2023 By Carolyn Cohn and Noor Zainab Hussain Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the...
Hailstorm Claims Risk Undermining Solar Energy, Insurer Says December 6, 2023 By Tope Alake Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance....