The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin. The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the attack.

With $42.61 billion net prm, Munich Re retains its ranking as top global reinsurer in 2020: S&P

Jun 10, 2021

From Asia ,China Re at the 7th position, Korea Re at the 14th ranking, and India’s GIC Re at 16th place are part of the S&P’s 2020 Top 25 global reinsurers’ list

Covid-19: Delta variant ‘poised to take hold’ in Europe, warns WHO

Jun 10, 2021

During a press briefing on Thursday, WHO’s Dr Hans Kluge said the variant also known as the delta variant, has shown signs of being able to evade some vaccines and warned that many vulnerable populations, particularly those over age 60, remain unprotected.
UK Prime Minister Boris Johnson on Thursday warned that COVID-19 cases and hospitalisations are “very clearly” on the rise in the country and that he continues to assess the vaccination data to decide on whether to end all lockdown measures by June 21.

EU cautions against rushing into bloc-wide pandemic insurance

Jun 9, 2021

Governments in Britain and the United States have also been discussing government-backed pandemic reinsurance schemes, but industry sources say progress is slow as countries continue to grapple with the current pandemic.

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