PHP Security Flaws Highlight Potential Systemic Risk Aggregation for Cyber Insurers October 27, 2026 By L.S. Howard Recently discovered security flaws in PHP programming language, used by many websites globally, has highlighted the potential for cyber risk...
Guidewire to Buy UK Insurance AI Firm hyperexponential in Deal Worth Up to $2.1B October 27, 2026 Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400...
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability October 22, 2026 By Chad Hemenway The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks...
WR Berkley CEO Shares Insights on AI Adoption During Q3 Call October 21, 2026 By Chad Hemenway W.R. Berkley Corp. Chairman, President and CEO W. Robert Berkley, Jr. chose the third quarter of 2026 to enlighten analysts...
AI Tool That Hacked Korean Banks Was Used in Japan: Security Firm October 20, 2026 By Mayumi Negishi The hackers who recently infiltrated some of Japan’s biggest companies used an AI tool developed in China and linked to...
Bank of England Considers Stress Testing AI’s Effect on the Financial Sector October 20, 2026 By Tom Rees While the Bank of England is busy stress testing the UK’s private markets, another threat is looming in the minds...
Anthropic Pitches AI Safety Bill to Lawmakers October 19, 2026 By Shirin Ghaffary Anthropic PBC has presented its own draft bill to US lawmakers with a plan for regulating artificial intelligence safety and...
IMF Chief: AI Risks May Exceed Opportunities Without Safeguards, Ethics Framework October 16, 2026 By Maria Martinez and Andrea Shalal The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place,...
AI Credit Worries Send Default Insurance to Record High October 16, 2026 By Tom Westbrook and Amanda Cooper The cost of insuring against tech defaults struck record highs on Thursday, as investors rushed to hedge against the risk...
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says October 16, 2026 By Manya Saini A broad-based AI exclusion in insurance policies could create “real confusion and uncertainty,” Marsh CEO John Doyle said, calling for...