Although nuclear power plants produce energy themselves, they rely...
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Dutch regulator to probe Roblox over risks to minors
The regulator said it will assess whether Roblox is taking adequate...
Trafigura wins $600 million nickel fraud lawsuit against businessman Gupta
Geneva-based Trafigura alleged Gupta was the mastermind of a...
Over 84,000 Indian gaming accounts leaked in 2024: Kaspersky
According to Kaspersky, Thailand recorded 1,62,892 leaked cases, followed by the Philippines with 99,273, Vietnam 87,969, India 84,262, Indonesia 69,909, Malaysia 37,718, South Korea 37,097, China 18,786, Sri Lanka 10,877, and Singapore 4,262 leaked cases, the company...
Markel Insurance to sell reinsurance renewal rights to Nationwide
The sale is part of Markel's broader strategy to simplify operations and grow the business by empowering local expert teams to serve the distinct needs of their core specialty insurance markets. RICHMOND, Va: Markel Insurance, the insurance operations within Markel...
Aon promotes Rupert Moore as CEO, Reinsurance, Asia Pacific
Rupert Moore,CEO-designate, Reinsurance, Asia Pacific Moore will relocate to Singapore later this year and serve as an advisor to Aon’s APAC CEO Jennifer Richards to help advance the firm’s Risk Capital strategy for Japan DUBLIN: Global re/insurance intermediary Aon...
Tsunami warnings fading after one of the largest earthquakes ever recorded
The danger had largely passed more than a day after the 8.8 magnitude quake, which was centered off the coast of the Kamchatka Peninsula in Russia’s Far East. No major damage was reported and tsunami warnings were canceled in most areas. HONOLULU: One of the most...
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 needs to light the match,” Mpumi Tyikwe, the insurer’s chief executive officer, said in an interview in Bloomberg’s Johannesburg office last week. “We can handle a significant event now. I think anything...
Women-only US dating advice app Tea suspends messaging following breaches
The app—which boasts 4.6 million users—is pitched as a “dating safety platform” that women can use to steer clear of men who are adulterous, dishonest, or worse. The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security...
Powerful quake in Russia’s far east causes tsunami, Japan and Hawaii order evacuations
The shallow earthquake damaged buildings and injured several people in the remote Russian region, while much of Japan's eastern seaboard - devastated by a 9.0 magnitude earthquake and tsunami in 2011 - was ordered to evacuate. Workers evacuated the stricken Fukushima...
Hydrogen: Insurance market could hit more than $3 billion by 2030, says Allianz
“Insurers have a key role to play in the development of the hydrogen economy, enabling investment and innovation, and providing risk management advice and guidance. Collaboration and knowledge-sharing within this industry are essential for developing best practices...
Musk ordered shutdown of Starlink satellite service as Ukraine retook territory from Russia
Musk’s order was an early glimpse of the power the magnate now wields in geopolitics and global security because of Starlink, a fast-growing satellite internet service that barely existed early this decade and now provides connectivity even in remote areas of the...
Companies struggle to meet rising demand for personalized benefits, Aon Survey
"Employees increasingly expect a consumer-grade experience when it comes to their benefits – one that offers meaningful choice, creates innovative solutions and aligns with their individual needs. Companies are moving in that direction and communicating their...