Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes November 14, 2023 By Stephen Lathrope and Andy Read Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been...
Markets/Coverage: QBE Launches Marine Offering for European Customers November 13, 2023 Australian insurer QBE has launched a marine offer that will insure international trade for European customers who want to be...
EU Watchdog Cautions Against One-Size-Fits-All Rules for Non-Bank Financial Sector November 13, 2023 By Huw Jones Regulators should keep on open mind when writing rules for the world’s $239 trillion “non-bank” financial sector to avoid one-size...
World’s Biggest Bank Had to Trade Via USB Stick After Cyber Attack November 13, 2023 By Katherine Doherty, Liz Capo McCormick and Alexandra Harris On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a USB stick....
Cyber Attack Against Australia Port Operator Causes Massive Container Backlog November 13, 2023 By Angus Whitley and Lynn Doan DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia...
EU Court Sides With Car Service Firms in Data Fight With Sweden Truck Maker Scania November 13, 2023 By Foo Yun Chee Swedish truck maker Scania must share car data, such as vehicle identification numbers, with repair shops and parts distributors, Europe’s...
Russia Flagship Carrier Aeroflot Says It Reached Settlement With Aircraft Leasing Firm November 13, 2023 Russian flagship carrier Aeroflot said on Thursday it had clinched a settlement with leasing company BOC Aviation under which nine...
Freight Costs for Ships in Ukraine’s Export Corridor Ease Back to Former Levels November 13, 2023 Freight costs for ships in Ukraine’s alternative export corridor have eased back to their former levels, a government source said...
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets November 13, 2023 By Gautam Naik Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the public debt...