The California Earthquake Authority (CEA) did not come back to the reinsurance market at its typical October 1st renewal, allowing roughly $511 million of cover to expire and it now expects to re-evaluate its risk transfer need at the January renewals, meaning a $215 million catastrophe bond will likely mature without renewal later this month.As … Read more
Fünf Fragen an Sabine Leutheusser-Schnarrenberger Diese Woche stand der Verfassungsblog ganz im Zeichen von EYES EVERYWHERE, unserem Focus-Symposium zu staatlicher und privater Massenüberwachung unter der EU-Grundrechtecharta. Kernfrage ist die Abwägung zwischen Sicherheitsinteressen und Grundrechten in einer zunehmend digitalisierten Welt. Antworten auf die Frage, wie weit demokratische Gesellschaften im Namen der Sicherheit gehen dürfen, fallen im … Read more
A reader asks: I’m thinking of adding bitcoin to my portfolio via one of the new ETFs but it feels like I’ve already missed the boat with the insane run-up this year. Is it too late to add? I don’t want to be a muppet. I have many thoughts on this question but first a … Read more
A Kaspersky investigation into cyber attacks targeting the industrial sector in Eastern Europe revealed the use of advanced tactics, techniques, and procedures (TTPs) by threat actors to compromise industrial organisations in the region. Industries such as manufacturing, industrial control system (ICS) engineering and integration have been particularly affected, emphasising the urgent need for enhanced cybersecurity … Read more
Insurers that focused on modernizing technology and improving their data, analytics and artificial intelligence (AI) capabilities are now able to incorporate generative AI (gen AI) as a natural next step on their reinvention journey. Gen AI is changing everything. It is being used throughout the value chain to improve customer interactions, streamline operations and support … Read more
