International
AIG Agrees to Acquire Everest’s Colombian Operations
American International Group (AIG) announced it has entered into a definitive agreement to acquire Everest Group's Colombian insurance subsidiary. AIG said the acquisition of Everest Compañía de ...
Supply-Chain Stress That Peaked in COVID Heads Higher Again
The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red during the pandemic, adding to reasons for central banks to be ...
Typhoon Season in Northwest Pacific Seen Most Active in a Decade
Typhoon activity in the Northwest Pacific Ocean is expected to be the highest this year since 2015, according to commercial forecaster Tropical Storm Risk. The projection for 2026 is 25% above the ...
US Citizen Infected With Hantavirus Now Isolated in Nebraska
A US citizen who was infected with hantavirus from the Hondius cruise ship is being cared for in a biocontainment unit in Nebraska, US health officials said Monday, while another who developed ...
Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says
The Iran war is "supercharging" the world's shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate secretary said on Thursday. The ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
Portugal Launches $26.5B Resilience Plan After Storms, Blackout
Portugal's government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. ...
EU Countries, Lawmakers Fail to Reach Deal on AI Rules
EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next ...