Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot October 21, 2025 By Gautam Naik The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising...
Vatican Report Calls for Reparations for Abuse Victims And Tougher Sanctions for Abusers October 21, 2025 By Nicole Winfield The Vatican’s child protection board said the Catholic Church has a moral obligation to help victims of clergy sexual abuse...
State Emergency Officials: New Rules, Delays for FEMA Grants Put Disaster Response at Risk October 21, 2025 By Gabriela Aoun Angueira State officials on the front lines of preparing for natural disasters and responding to emergencies say severe cuts to federal...
BNP Paribas Shares Tumbled After Jury’s Sudan Verdict October 21, 2025 By Alun John BNP Paribas shares tumbled on Monday, after a U.S. jury found the French bank helped Sudan’s government commit genocide by...
Japan Retailers Halt Online Sales on Supplier Cyber Attack October 21, 2025 By Kanoko Matsuyama and Yui Hasebe A cyber attack on Askul Corp. is disrupting e-commerce and logistics for major Japanese retailers including Muji owner Ryohin Keikaku...
Amazon Delivery Firms Are Bailing Amid Rising Costs October 21, 2025 By Spencer Soper In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a...
Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims October 21, 2025 By Andrew G. Simpson A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent,...
Waymo Robotaxis Probed Over Safety Around School Buses October 20, 2025 By Akash Sriram in Bengaluru and David Shepardson The U.S. National Highway Traffic Safety Administration said on Monday it has opened a preliminary probe into about 2,000 Waymo...
Amazon’s AWS Struggles to Recover After Major Outage Disrupts Apps, Services Worldwide October 20, 2025 By Deborah Mary Sophia and Shubham Kalia Amazon’s cloud services unit AWS was struggling to recover on Monday from a widespread outage that knocked out thousands of...
Insurtech settling claims at triple the industry speed closes $13.3M Seed funding October 20, 2025 ClaimSorted announces one of the largest Seed rounds in Insurtech to date 10/20/2025 – New York, U.S. & London, UK...