QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, is back in the catastrophe bond market for the first time since 2013, with a target to secure $250 million or more in retrocession from a Bridge Street Re Ltd. (Series 2025-1) issuance, Artemis has learned.QBE was last in the catastrophe bond market in … Read more
Nov 29, 2024Ravie LakshmananDisinformation / Artificial Intelligence A Moscow-based company sanctioned by the U.S. earlier this year has been linked to yet another influence operation designed to turn public opinion against Ukraine and erode Western support since at least December 2023. The covert campaign undertaken by Social Design Agency (SDA), leverages videos enhanced using artificial … Read more
US primary insurer Allstate is back in the catastrophe bond market and seeking $350 million or more in multi-peril catastrophe reinsurance protection from the capital markets through a Sanders Re II Ltd. (Series 2024-3) issuance, Artemis can report.For Allstate, this new catastrophe bond will be the twentieth in the Sanders Re series of deals and … Read more
Scammers have leapt at the opportunity to exploit vulnerable UK residents by sending bogus messages telling them they need to take action to receive help with their winter heating bills. In July, the UK’s new Labour Government announced that it was limiting who was eligible for assistance with their winter fuel bills by making eligibility … Read more
Oct 31, 2024Ravie LakshmananSpyware / Mobile Security Cybersecurity researchers have discovered an improved version of an Apple iOS spyware called LightSpy that not only expands on its functionality, but also incorporates destructive capabilities to prevent the compromised device from booting up. “While the iOS implant delivery method closely mirrors that of the macOS version, the … Read more
