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 ...
International
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 ...
MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust
Aspect Labs Ltd., the London-based managing general agent, has officially opened its doors for business, targeting small to mid-market risks that are not big enough for ...
Zurich Exits Insurance Climate Alliance, Days After Munich Re
Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second high profile exit from the group in a ...
New Images From Inside Fukushima Nuclear Reactor Spark Safety Concerns
Images captured by a robotic probe inside one of the three melted reactors at Japan's wrecked Fukushima nuclear power plant showed exposed steel bars in the main ...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks
Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says are "material" legal risks, in a move that marks the ...
Swiss Re Faces $6.3M Claim Over Sex Discrimination, Unfair Dismissal
A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is seeking 5.1 million pounds ($6.3 million) in ...
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions
UN Secretary General Antonio Guterres warned that the "climate time bomb is ticking" as he urged rich nations on Monday to slash emissions sooner after a new assessment ...