Brink’s Sues Air Canada After $17 Million Heist of Gold and Cash October 12, 2023 By Geoffrey Morgan An unsolved $17 million heist of Swiss gold and cash near Canada’s busiest airport has led Brink’s Co. to sue...
Key to Proactive Cyber Security Is Management of Third-Party Vendor Risks October 12, 2023 By Mauro Marongiu The hack of the MOVEit file transfer platform, developed by Progress Software and used by businesses of all sizes, serves...
Airlines Face Israel Insurance Alert in Wake of Weekend Attacks October 12, 2023 By Anna Ringstrom , Bart H. Meijer and Tim Hepher Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM canceling flights...
Shipping Traffic Slows at Israel’s Ports as Insurance Premiums Soar October 11, 2023 By Jonathan Saul and Ari Rabinovitch Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the...
Global Economic Losses From Extreme Weather Could Hit $5 Trillion: Lloyd’s October 11, 2023 Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that...
Finland Says Damage to Gas Pipeline, Telecoms Cable Likely Result of Deliberate Act October 11, 2023 By Anne Kauranen and Terje Solsvik A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in...
Spanish Airline Air Europa Hit by Data Breach of Credit Card System October 11, 2023 Spanish airline Air Europa has suffered a cyberattack on its online payment system that let some of its customers’ credit...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
India Insurance Startup Raises Funds at $650 Million Valuation October 11, 2023 By Sankalp Phartiyal Indian startup InsuranceDekho has raised $60 million in Series B funding, driving the online insurance seller’s valuation to more than...
Use of Weather Derivatives Surges as Extreme Climate Events Rock the Globe October 11, 2023 By Harry Robertson Energy companies, hedge funds and commodity traders are stepping up their use of financial products that let them bet on...