Google-owned cyber security firm Mandiant has described UNC3886 as...
Category:
International News
Latest
US insurance broker stocks pummeled on AI disruption fear
Insurify’s app uses ChatGPT to compare auto insurance rates using...
Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with US’s IDFC
Greg Case, president and CEO of Aon The facility, which will...
AM Best revises global reinsurance outlook to Stable from Positive, notes accelerated softening in Property pricing
Although competitive conditions have increased in property catastrophe covers, reinsurers remain disciplined with terms and conditions and attachment points largely intact London: International rating agency AM Best has revised its outlook for the global reinsurance...
Trump’s Greenland threat puts Europe Inc back in tariff crosshairs
The shock move has rattled through industry and sent shockwaves through markets amid fears of a return to the volatility of last year’s trade war, which was only eased with tariff deals reached in the middle of the year. LONDON/FRANKFURT/PARIS: Just as European...
Zurich Insurance offers $10 billion to buy UK insurer Beazley
Switzerland's Zurich said the offer it had gone public with on Monday was an improved bid, after Beazley's management rejected on Friday its initial offer, made on January 4. LONDON: Zurich Insurance Group announced a 7.67 billion pound ($10.3 billion) all-cash offer...
2025 among world’s three hottest years on record,WMO says
The WMO, which consolidates eight climate datasets from around the world, said six of them – including the European Union’s European Centre for Medium-Range Weather Forecasts (ECMWF) and the British national weather service – had ranked 2025 as the third warmest,...
Denmark-US rift triggers NATO deployment of forces in Greenland
“For us, ideas that would not respect territorial integrity of the Kingdom of Denmark and the right of self-determination of the Greenland people are of course totally unacceptable and we therefore still have a fundamental disagreement,” Danish Foreign Minister Lars...
Surging oil tanker insurance points to growing Black Sea chaos
Underwriters are now charging about 1% of the value of a ship for calls at any port in the region, according to people involved in the market. That’s up from about 0.7% at the end of last month. The cost of insuring ships sailing through the Black Sea is surging...
Venezuelan oil industry running on WhatsApp after cyberattack
The incident highlights just how frail the the country’s technological infrastructure is, even in the industry most responsible for its revenue. Decades of disinvestment and corruption have marred state-owned oil giant Petróleos de Venezuela SA, and US sanctions have...
Global risks enter “Age of Competition” as geoeconomic tensions dominate 2026 outlook: WEF
Societal pressures remain deeply interconnected with these economic and geopolitical stresses. Inequality was identified as the most interconnected global risk for the second consecutive year, closely linked to economic instability, misinformation and declining trust...
Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at no 2 in Asia Pacific
"Following the volatility and uncertainty of 2025, businesses continue to face interconnected and highly complex risks in 2026's fast-changing environment. Given the continuing rise of AI across society and industry, it is unsurprising that it is the big mover in the...
Geo-economic confrontation tops global risks for 2026: WEF Report
Anxiety over artificial intelligence outcomes rose substantially, moving into the top risks on the long-term horizon due to concerns about labour markets, social disruption, and security implications. New Delhi: The World Economic Forum's Global Risks Report 2026 has...