And although the recent string of accidents may be statistical...
Category:
International News
Latest
Demographic reality – a growing elderly population with fewer working-age people
Jad Ariss, managing director of the Geneva Association, said: “The...
Emboldened crypto industry seeks to cement political influence and mainstream acceptance
The crypto industry has scored some early wins since Trump took...
Pollution of all types kills 9 million people a year globally: Lancet
India and China lead the world in pollution deaths with nearly 2.4 million and almost 2.2 million deaths a year, but the two nations also have the world's largest populations New Delhi: A new study blames pollution of all types for 9 million deaths a year globally,...
RMS launches new cloud-based application UnderwriteIQ
Moe Khosravy, Executive Vice President, Software and Platform, RMS, said: “The growth in adoption of the RMS Intelligent Risk Platform has been phenomenal. A substantial number of clients are benefiting from the secure cloud-based platform that provides superior...
RIMS Survey highlights best practices to address and leverage emerging risks
Patrick Sterling,President,RIMS “In the face of so much uncertainty and volatility, business leaders around the world have challenged their risk management teams to identify, assess and deliver solutions to prepare the organization for the impacts of emerging risks,”...
Allianz to pay $6 bln over Structured Alpha fraud, fund manager charged
According to court papers, Allianz Global Investors US LLC will plead guilty to a securities fraud charge, while the payout includes a $2.33 billion fine, $3.24 billion of restitution and $463 million of forfeiture Germany's Allianz SE will pay about $6 billion and...
Tesla cars, Bluetooth locks, vulnerable to hackers – researchers
“This proves that any product relying on a trusted (Bluetooth Low Energy)BLE connection is vulnerable to attacks even from the other side of the world,” the UK-based firm said in a statement, referring to the BLE protocol - technology used in millions of cars and...
Sanofi ordered to compensate French family for epilepsy drug side effects
The latest ruling,states that Sanofi must have known the risk that the drug, if taken by pregnant women, could cause malformations and “neuro-behavioral disorders” in children, which should have been mentioned in its attached leaflet PARIS: A French court has ordered...
Costa Rica Cyber ransomware highlights sovereign cyber-risk: Fitch
Newly inaugurated President Rodrigo Chaves Robles declared a national emergency on 8 May in response to the continuing ransomware attack, for which Russia-based international criminal group Conti has claimed responsibility The number of ransomware attacks more than...
Africa Specialty Risks Energy Portfolio’s capacity increased to $38 million
This follows 12 months of profitable underwriting results for ASR’s energy portfolio which provides coverage for the entire African continent including upstream, downstream, power, utilities, and renewables So far, they have provided insurance cover in over 20 African...
Lloyd’s broker unveils product for crypto and digital asset businesses
The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of Superscript's digital asset insurance brokers Superscript will...
EU toughens cybersecurity rules for key sectors
The new rules cover all medium and large companies in essential sectors – energy, transport, banking, financial market infrastructure, health, vaccines and medical devices, drinking water, wastewater, digital infrastructure, public administration and space All medium...