Swiss Re Becomes Fourth Insurer to Leave Net Zero Group May 23, 2023 By Alastair Marsh Swiss Re is quitting the world’s main climate alliance for insurers, joining a growing exodus from the coalition of some...
People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe May 22, 2023 Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay...
Lawmakers Warn Leaky, Crumbling UK Parliament at Risk of ‘Catastrophic’ Event May 22, 2023 By Jill Lawless Britain’s Parliament building is an architectural masterpiece, a UNESCO World Heritage Site visited by 1 million people a year. It’s...
France and Germany Show No Sign of Agreement on Role of Nuclear in Clean Energy May 22, 2023 By Kamil Kowalcze France and Germany are showing no sign of nearing a compromise on the role of nuclear energy in the European...
Governments Race to Regulate AI Tools May 22, 2023 Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the...
Exxon Says Guyana Insurance Dispute Could Cut Revenue $350M/Month May 22, 2023 By Kiana Wilburg Exxon Mobil Corp on Friday said an ongoing dispute over oil-spill insurance in Guyana could halt production at its first...
Fruit Harvest Faces Ruin After Floods Hit Italy’s Emilia-Romagna May 22, 2023 By Angelo Amante Deadly floods in northern Italy will ravage fruit production in what is normally one of the country’s most bountiful agricultural...
Meta Hit With Record $1.3B Fine Over Data Transfers May 22, 2023 By Padraic Halpin Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over...
G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency May 19, 2023 By Katya Golubkova Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be...
‘Spoofing Shop’ Scammer Who Helped Criminals Pose as Bankers Jailed for 13 Years May 19, 2023 By Katharine Gemmell The mastermind behind a global “spoofing shop” that scammed victims out of as much as £100 million ($124 million) has...