International
EU Auditors Want Polluters to Have Insurance or Funds to Fix Environment
Taxpayers are too often being forced to pay to clean up environmental damage while the companies responsible dodge the costs, the European Court of Auditors said on Monday. The European Union's ...
Experts Warn Companies Struck by REvil Ransomware Attack Could Take Weeks to Recover
Computer systems of several companies across the world, including 800 physical grocery stores of Sweden's Coop, that were shut down after attacked by REvil ransomware could take weeks to recover, ...
Coronavirus Positive: Pandemic Led to Greater Societal Understanding of Systemic Risks
As horrible as the coronavirus pandemic has been, it has led to greater societal understanding of systemic risks, and that's a good thing, a Lloyd's of London executive asserted recently. "The ...
High-Fives, Hugs and Face-to-Face Networking at GIS 2021
It's not a typical experience to find joy at a work conference. At least, that was the case before COVID-19. But after 15 months of social distancing, masks, quarantines and then vaccines, the 2021 ...
Indian Fintech Startup Digit Is Raising $200M to Boost Insurance Customer Reach
Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising ...
Executives On The Move at One Concern, The Hartford, Players Health and Markel
A former Swiss Re Executive is taking on a leadership position at One Concern, an AI startup focused on building the global resilience market. The Hartford promoted a rising executive within its ...
Bolttech Raises $180M to Supercharge Insurance Company Matchmaker Platform
Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York ...
Global Cyber Reinsurance Rates Skyrocketed 40 Percent for July Renewals: Willis Re
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware ...