South Korea Begins Investigation Into Deadly Halloween Crush, as Death Toll Rises October 31, 2022 By Soo-hyang Choi and Ju-min Park South Korean investigators combed footage on Monday from more than 50 state and private closed-circuit TV cameras as well as...
Europe’s Biggest Copper Smelter Hit as Part of Wider Cyberattack on Metals Industry October 31, 2022 Aurubis, Europe’s biggest copper smelter, said on Friday it had been targeted as part of a wider cyberattack on the...
Australia’s Hacking Frenzy Spurred by Understaffed Cybersecurity Workforce October 31, 2022 By Byron Kaye and Lewis Jackson A swathe of hacks on some of Australia’s biggest companies has made the country a target for copycat attacks just...
Acrisure Continues UK Growth by Acquiring Sutton Winson and Sutton Specialist Risks October 28, 2022 Acrisure, the Grand Rapids, Mich.-based insurance broker and fintech specialist, announced the acquisitions of Sutton Winson and Sutton Specialist Risks...
Russia’s Threat to ‘Strike’ Western Satellites Tests Laws of War in Space October 28, 2022 By Joey Roulette A Russian official’s threat this week to “strike” Western satellites aiding Ukraine highlights an untested area of international law, raising...
Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO October 28, 2022 By Steven Arons Credit Suisse Group AG has signed an exclusivity agreement with a group of investors led by Apollo Global Management Inc....
Swiss Re Posts Q3 Loss on Hit From Hurricane Ian, Signals Price Hikes October 28, 2022 Swiss Re reported a third-quarter loss of $442 million driven by claims tied to the damage from hurricane Ian, and...
Making London’s Financial Center a ‘Wild West’ Would Be Self-Defeating: BoE’s Woods October 28, 2022 By Huw Jones Turning the City – London’s financial district – into a “Wild West“ to attract more business after Brexit would be...
Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia October 28, 2022 By Kirstin Ridley and Carolyn Cohn Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG,...
Aegon to Merge Dutch Arm With Insurer ASR Nederland in $4.9 Billion Deal October 27, 2022 Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance...