International
Bayer May Be Seeking Roundup Cancer-Claim Deal Worth Up to $8B
Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An ...
China’s Troubled Anbang Insurance Group Puts Japan Properties Up for Sale
China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans ...
Many Reinsurers Take on Increased Catastrophe Risks as Rates Harden
Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates and increase their exposure, according to S&P Global ...
California’s New Data Privacy Law Could Be a Game-Changer
As the nation's most far-reaching data privacy law, California Consumer Privacy Act (CCPA), is set to begin Jan. 1, 2020, businesses and their insurers are preparing for a new era in cyber liability. ...
A Fading El Nino Could Trigger a Busier Hurricane Season
Government meteorologists say this year's hurricane season may be busier than initially expected now that summer's weak El Nino has faded away. The National Oceanic and Atmospheric Administration's ...
WhatsApp Flaws Could Allow Hackers to Manipulate Messages: Cybersecurity Firm
A cybersecurity firm says it has identified flaws in the popular messaging app WhatsApp that could allow hackers to manipulate messages in both public and private conversations, raising the prospect ...
Apple Offers Up to $1M to Researchers Who Uncover iPhone Cybersecurity Flaws
Apple Inc is offering cyber security researchers up to $1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, at a time of rising concern about ...
Lloyd’s, London Markets Exceed Q2 Electronic Placing Targets
More than half of in-scope market risks were placed electronically in the London and Lloyd's markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other ...