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Risk management

Who covers AI business blunders? Some insurers cautiously step up

Companies in the AI race are striving to perfect the technology, but they have not eliminated the possibility of errors such as “hallucinations”.
Companies in the AI race are striving to perfect the technology, but they have not eliminated the possibility of errors such as “hallucinations”.

How many ships have been attacked in the Gulf since start of Iran war?

The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026. ROYAL THAI NAVY/Handout via REUTERS
The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz, March 11, 2026. ROYAL THAI NAVY/Handout via REUTERS

South Korea parliament committee backs bill to enable $350 billion US investment

Employees work at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. REUTERS/Kim Hong-Ji
Employees work at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. REUTERS/Kim Hong-Ji

Major power rivalry cited as biggest risk to global stability in 2026: WEF

A stacking crane moving shipping containers at a port in Long Beach, California. Geoeconomic confrontation topped the global risks in 2026, the WEF said.
A stacking crane moving shipping containers at a port in Long Beach, California. Geoeconomic confrontation topped the global risks in 2026, the WEF said.

In Good Company

Howden’s horse-loving boss is building ‘the biggest small business’ in the insurance world

David Howden, CEO and Founder of Howden Insurance Group.
David Howden, CEO and Founder of Howden Insurance Group.

Singapore SMEs are at risk if lawsuits or business disruptions hit, as many opt for minimum coverage

ST20250613-202576400587-Lim Yaohui-pixgeneric/
Ascott Raffles Place Singapore hotel and office buildings in Raffles Place on June 13, 2025.
Can be used for stories on money, property, land, commercial, office, invest, budget, income, finance, financial, CBD, URA, population, economy and development.
(ST PHOTO: LIM YAOHUI)
ST20250613-202576400587-Lim Yaohui-pixgeneric/
Ascott Raffles Place Singapore hotel and office buildings in Raffles Place on June 13, 2025.
Can be used for stories on money, property, land, commercial, office, invest, budget, income, finance, financial, CBD, URA, population, economy and development.
(ST PHOTO: LIM YAOHUI)

Rescued crew of Greek ship sunk by Houthis taken to Saudi Arabia

Seven people injured after stage collapses at Mexico City concert venue

Ecuador declares national emergency as wildfires, drought intensify

FILE PHOTO: A cloud of smoke and ash is seen covering Quito, as the city has five active fires in its surroundings, Ecuador September 4, 2024. REUTERS/Karen Toro/File Photo
FILE PHOTO: A cloud of smoke and ash is seen covering Quito, as the city has five active fires in its surroundings, Ecuador September 4, 2024. REUTERS/Karen Toro/File Photo

Central America braces for Tropical Storm Sara's 'life-threatening' downpour

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.