The danger had largely passed more than a day after the 8.8...
Category:
International News
Latest
South Africa’s state-owned insurer sets up $1.1 billion riot buffer, to safeguard anticipated future unrest
“All the ingredients for a protest are in place — someone just...
Women-only US dating advice app Tea suspends messaging following breaches
The app—which boasts 4.6 million users—is pitched as a “dating...
Ukraine hopes grain exports to continue from key ports
“The main task for Ukraine now is to get the support of Turkey,” said Dmitry Skornyakov, chief executive officer of HarvEast Holding. He suggested that military escorts from Turkey could be used for ships entering and leaving Ukraine’s ports Ukraine is pushing for...
Bain Capital raises $1.15 bln for first fund dedicated to insurance investments
Matt Popoli, global head of Bain Capital Insurance, told Reuters that the new capital pool, Bain Capital Insurance Fund, would give his 20-strong team the ammunition to back middle-market insurance firms overlooked by others Focused on North America and Europe, the...
MDRT sets up shop in Singapore, appoints sr officials for APAC region
"The opening of MDRT Asia-Pacific headquarters underpins MDRT's commitment to the industry," said Carol Kheng, MDRT Second Vice President, who leads the new office. The new Singapore office will support MDRT events in the Asia-Pacific region, including the 2023 MDRT...
Exec tells first UN council meeting that big tech can’t be trusted to guarantee AI safety
Jack Clark, co-founder of the AI company Anthropic warned of "potential threats to international peace, security and global stability" from two essential qualities of AI systems – their potential for misuse and their unpredictability "as well as the inherent fragility...
Morgan Stanley moves 200 technologists out of China on data law – Bloomberg News
The U.S. views the new counterespionage law as a potentially harmful to U.S. firms Morgan Stanley is shifting more than 200 technology developers out of China after the country tightened access to cache of data stored onshore, Bloomberg News reported on Tuesday,...
Ukraine cargo insurance policy suspended after Russia quits grain deal -Marsh
"It is currently on pause," said David Roe, head of UK cargo at Marsh, which acted as the facility's broker LONDON: A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United...
Above-average global natural catastrophe insured losses reach estimated $52 billion in H1 2023: Gallagher Re
For all perils, the US accounted for 76% of all global insured losses. Thunderstorms in Europe during June also brought a billion-dollar insurance bill to parts of Germany and France “Governments and private organizations are accelerating their investments to help...
WMO warns of risk of heart attacks, deaths as heatwave intensifies
The WMO has said the extreme weather looks likely to become the “new normal,” underlining the increasing urgency of cutting fossil fuel emissions. The call for action on global warming comes as some European Union nations push back against the pace of the energy...
Moscow halts grain deal in what UN says is a blow to people in need everywhere
Any resumption of shipments without Russia's blessing would probably depend on insurers. Industry sources told Reuters they were studying whether to freeze their coverage "The (key) question is whether Russia mines the area which would effectively cease any form of...
Global rules leave Crypto firms with no place to hide: G20 Watchdog
The European Union has already approved the world’s first comprehensive set of rules for cryptoasset markets, but the FSB’s ‘global baseline’ minimum standards are designed to accommodate jurisdictions that want to go further Globally agreed rules leave crypto firms...