International
Credit Suisse in Chaos After Chairman Ousted for Breaching COVID Rules
The banker tasked with fixing Credit Suisse Group AG was ousted just nine months into the job for breaching COVID quarantine rules, throwing the Swiss financial giant into fresh turmoil as it ...
Thawing Permafrost Could Damage Up to 50% of Arctic Infrastructure
Thawing permafrost could put as much as 50 percent of Arctic infrastructure at high risk of damage by 2050, requiring tens of billions of dollars in maintenance and repairs, scientists warned. The ...
‘Cybersecurity Failure’ Identified as Critical Global Threat: WEF Report
"Cybersecurity failure" was identified as a critical short-and-medium-term threat to the world by respondents of the World Economic Forum's Global Risks Perception Survey (GRPS). GRPS respondents ...
Climate Change Is Top Global Risk for the Next Decade: World Economic Forum
There's little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social tensions, alongside the pandemic, among their top risks, ...
Product Innovation Taking Off on Lloyd’s ‘Launchpad’
The Lloyd's Product Launchpad is the new home for the development of insurance solutions to tackle emerging risks. The Lloyd's Product Launchpad has been created to replace the Product Innovation ...
Cryptocurrency Crime Hit Record $14B in 2021
Crime involving cryptocurrencies hit an all-time high of $14 billion last year, according to blockchain researcher Chainalysis — a record that comes as regulators call for more powers over the ...
Pandemic Lockdowns Only Work for a Limited Time, Study Finds
As the world struggles to contain the spread of COVID-19, many countries grapple with the possibility of imposing more lockdown measures, like those widely used in the spring of 2020. But how well do ...
Lloyd’s Asia Launches Renewable Energy Consortium
Lloyd's launched a renewable energy consortium in response to the growing needs of the Asia-Pacific region and supporting countries, as they transition to greener energy, Lloyd's announced late last ...