The average return of UCITS catastrophe bond fund strategies was 1.38% for the first-quarter of 2025, according to the Plenum CAT Bond UCITS Fund Indices. But lower-risk cat bond funds led the way by averaging 1.50% for the period as a group, as they generally had less exposure to the California wildfire cat bond mark-downs.March … Read more
One of my goals for 2025 is to simplify life by selling a rental property. A key decision in this process is whether to hire a top-tier real estate agent, who charges a higher commission, or opt for an average agent to save on costs. By “top-tier real estate agent,” I’m referring to an agent … Read more
On the 14th of November, the CJEU published its long-awaited decision on Compass Banca (Case C-646/22; we have previously discussed it here). In this case, the CJEU, for the first time, elaborated on who the ‘average consumer’ is, especially in light of the persistent critiques from behaviouralists, and further clarified the assessment of and the consequences … Read more
Attacks on large language models (LLMs) take less than a minute to complete on average, and leak sensitive data 90% of the time when successful, according to Pillar Security. Pillar’s State of Attacks on GenAI report, published Wednesday, revealed new insights on LLM attacks and jailbreaks, based on telemetry data and real-life attack examples from … Read more
Dear readers, it is with genuine excitement (albeit with some delay) that I type out some thoughts in reaction to a very rich new decision by the CJEU, namely Caixabank and others of 4 July 2024 (C‑450/22). This case is, shockingly but not incredibly, yet another instalment in the floor clauses saga that we have so often written … Read more