International
Russian Hackers Targeted U.S. Nuclear Scientists
A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to Internet records reviewed by Reuters and five cybersecurity ...
Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts
Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges uninsured for any losses from hacks, theft or ...
Munich Re to Launch Specialty Insurance Division
Munich Re is launching a new division, called Global Specialty Insurance (GSI), which will be comprised of various primary insurance businesses from the group that are currently part of the ...
Rising Climate Costs to Challenge Companies, Countries in 2023
In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more closely at the financial risks and their exposure to liability. Nowhere ...
‘Far Too Many’ Companies Fail to Disclose Environmental Data, CDP Shows
Too many companies are failing to respond to environmental transparency requests, nonprofit platform CDP said on Tuesday, after only 1.3 percent of firms scored an "A" based on their climate change, ...
3M Faces Claim in Netherlands Over ‘Forever Chemicals’ Pollution
The Netherlands's government is exploring its legal options against chemical giant 3M over pollution in the Dutch part of the Scheldt River. For years, the company's Antwerp, Belgium-based factory ...
World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience
The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from natural disasters. The supranational lender has issued ...
MGA Pixel Re Launched for Global Property, Energy Risks of $500M and Above
Connect Underwriting Ltd., a London-based specialist reinsurance managing general agent, announced the availability of new capacity via Pixel Re, a new dedicated, monoline reinsurance vehicle for ...