International
Liberty Mutual Selling LatAm Businesses to Talanx for $1.5B
Liberty Mutual and Talanx Group announced that the retail international division of the Talanx agreed to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, ...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition
The world's biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the U.S. is ...
El Niño’s Impact: Trillions in Global Economic Loss
When El Niño strikes, the band of warm ocean water spanning from South America to Asia triggers global weather changes, resulting in damaging floods, crop-killing droughts, plummeting fish ...
Earth to Hit Key Warming Threshold Within 5 Years
There's a two-out-of-three chance that the world will temporarily hit a key warming limit within the next five years, the United Nations weather agency said Wednesday. But it likely would only be a ...
Client, Reinsurer Expectations Were Better Aligned at April Renewals: Swiss Re
While the January reinsurance renewals proved to be the toughest and most grueling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much ...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?
The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...
Samsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak
Samsung Electronics Co. is banning employee use of popular generative AI tools like ChatGPT after discovering staff uploaded sensitive code to the platform, dealing a setback to the spread of such ...
G-7 Nations Should Adopt ‘Risk-Based’ Regulation on AI
Group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to ...
Russian Hackers Target Western Critical Infrastructure, UK Warns
The UK government's cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and ...