Co-op Is Latest British Retailer to Be Hit by Cyberattack April 30, 2025 By James Davey and Paul Sandle Britain’s Co-op Group said on Wednesday hackers had attempted to break into its systems, the second high-profile cyber attack on...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
Companies Count the Costs After Blackout in Spain and Portugal April 30, 2025 By Joan Faus As factories, stores and hotels across Spain and Portugal gradually returned to normal on Tuesday after a huge blackout the...
Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade April 30, 2025 On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the...
UK Warned Cuts to Flood Defense Are Too Dangerous to Consider April 30, 2025 By Olivia Rudgard The UK should spare flood defense programs from budget cuts to be announced in June, as the country is already...
Ransomware Hack Said to Be Cause of Marks & Spencer Outages April 29, 2025 By Ryan Gallagher A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent...
People Moves: CEO of Carbon Retires for Health Reasons, Succeeded by Ferrier; Chaucer Taps SCOR’s Brown, Everest’s Cleair as Underwriters for International Property April 29, 2025 This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. A...
Markets/Coverages: BHSI Updates Private Company Executive Lines Suite in Canada April 29, 2025 Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to its Private Company Executive Lines suite of products in Canada...
Spanish Grid Operator’s First Assessment Rules Out Cyberattack Behind Blackout April 29, 2025 Spanish electricity grid operator REE said on Tuesday its preliminary assessment had ruled out cyberattack as the cause of the...
Why Restarting a Power Grid After Massive Collapse Is So Hard April 29, 2025 By Rachel Morison and William Mathis It’s a worst case scenario that grid operators plan for but hope never to encounter. After one of the worst...