International
Self-Driving Cars Could Be on UK Roads by 2026
Self-driving cars could be on some British roads by 2026, the country's transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on ...
Lloyd’s Extends Lease on Iconic London Headquarters Until 2035
Society of Lloyd's, better known as Lloyd's of London, has reached an agreement to remain in its One Lime Street headquarters until at least 2035, the Financial Times reported. The deal with landlord ...
AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s
AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd's to launch a syndicate that will focus on providing capacity for new energy projects with a critical role in ...
US DOJ Slaps Criminal Fines on UK Brokers Tysers and H.W. Wood for Bribery
The U.S. Department of Justice has slapped criminal penalties on UK reinsurance brokers Tysers Insurance Brokers Ltd. and H.W. Wood Ltd. as a result of their participation "in a corrupt scheme to pay ...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover in potential conflict hot spots. Political ...
Insurers Heavily Exposed to Impact of Climate Change: Global Watchdog
Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of Insurance Supervisors said in a ...
New Cyber Risk Report Highlights Rise in Automotive Data Exploitation
A newly released report points to a growing threat focused on automotive cyber attacks, according to VicOne, an automotive cybersecurity provider. Supply chains appear to be the major source of ...
All Eyes on Europe as World’s First AI Rules Set to Be Finalized
Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week — talks complicated by the ...