UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed January 23, 2023 By Katherine Griffiths Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations...
Europe Braces for a Sharp, Abrupt Real Estate Reversal January 23, 2023 By Jack Sidders Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as...
CEOs Face Challenge Over Sluggish Climate Efforts January 20, 2023 By Simon Jessop A return to Davos by corporate titans and their bankers after recent record Alpine temperatures has turned a spotlight on...
It’s Not Over: Tough Times to Persist for Reinsurance January 20, 2023 Repeating words like “frustrated” and “disappointed,” which also punctuated earlier reinsurance broker reports on the Jan. 1 reinsurance renewals to...
Cyber Attack Hits 1,000 Merchant Ships as Norway Firm Targeted January 20, 2023 By Stephen Treloar A cyberattack on a Norwegian shipping services firm ensnared about 70 companies and 1,000 ships. Oslo-based DNV, one of the...
Four Countries Urge EU to Set Date for New CO2-Emitting Trucks January 20, 2023 By Kate Abnett The Netherlands, Belgium, Denmark and Luxembourg have urged the European Union to fix a date by which new trucks and...
Davos 2023: Starmer Says No New UK Oil and Gas Fields Under a Labour Government January 20, 2023 By Brenda Goh Britain’s opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in...
Meta’s WhatsApp Fined 5.5M Euro by Lead EU Privacy Regulator January 19, 2023 By Padraic Halpin Meta’s WhatsApp subsidiary was fined 5.5 million euros ($5.95 million) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead...
Ransomware Attack Closes 300 Yum Brands Eateries in UK for a Day January 19, 2023 Yum! Brands, Inc. on Wednesday announced that a ransomware attack affected certain information technology systems. Almost 300 of its restaurants...
Major Aviation Insurer AXA Pulls Back on War Coverage After Ukraine Losses: Reuters January 19, 2023 By Carolyn Cohn, Jonathan Saul and Noor Zainab Hussain The commercial arm of French insurer AXA is reducing cover offered to aviation companies as it seeks to protect the...