Swiss Re H1 Net Income Surges to $1.4B on Lower Natural Catastrophe Losses August 4, 2023 By Marion Halftermeyer Swiss Re AG said first-half net income rose more than ninefold to $1.4 billion from a year earlier, driven by...
UK Seeks to Boost Defenses for Potential Infrastructure Attacks August 4, 2023 By Priscila Azevedo Rocha The UK government unveiled a fresh attempt to bolster security of critical energy infrastructure like gas pipelines. The release of...
Ukraine Weighs Insuring Ships Going via ‘Grain Corridor’: Interfax-Ukraine August 3, 2023 Ukraine is considering the possibility of insuring ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing...
AXA Agrees to Purchase Laya Healthcare From AIG for €650 Million August 3, 2023 AXA announced it has entered into an agreement to acquire Laya Healthcare Ltd. from Corebridge Financial Inc., a subsidiary of...
Russia Strikes Ukraine’s Danube Port. Kyiv Says Aim Is to Intimidate Insurers, Shippers. August 3, 2023 By Pavel Polityuk Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending global food prices higher as...
Beijing Hit With Heaviest Rainfall in at Least 140 Years August 3, 2023 By Andy Wong and Huizhong Wu China`s capital has recorded its heaviest rainfall in at least 140 years over the past few days. The city recorded...
Cyberattack on Norway Ministries Lasted at Least Four Months August 3, 2023 By Ott Ummelas A cyberattack on Norway’s government ministries uncovered last week had exploited a vulnerability linked to mobile device management and lasted...
France’s AFP Sues Musk’s X Social Media, Citing Refusal to Discuss Payment for News August 3, 2023 Agence France-Presse (AFP) said on Wednesday it filed a lawsuit in Paris against Elon Musk’s X social media platform, formerly...
Ratings Firms Struggle With Climate Risk in $133 Trillion Market August 3, 2023 By Gautam Naik With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example...
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region August 3, 2023 By Natasha White Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world,...