
Chloe Meley
Earnings Specialist, Breaking News at Bloomberg News
Breaking news @business, previously @citywire she/her Views mine
Articles
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3 days ago |
bloomberg.com | Chloe Meley
A housing construction site in Cranfield, UK. Photographer: Simon Dawson/Bloomberg(Bloomberg) -- MJ Gleeson Plc slashed guidance, citing a slow housing market recovery in the UK and planning delays. The company, which specializes in affordable housing, now expects operating profit to be around 15%-20% below previous expectations for the year ending June 30, according to a statement Tuesday. It also anticipates its gross margin in the homes division to be about 1% lower than previously forecast.
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1 week ago |
carriermanagement.com | Maggie Shiltagh |Chloe Meley
A recent surge in high-profile cyber attacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial intelligence makes attacks more widespread and devastating, Munich Re expects the global cyber insurance market to reach $16.3 billion in 2025, up from $15.3 billion in 2024.
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1 week ago |
claimsjournal.com | Maggie Shiltagh |Chloe Meley
A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial intelligence makes attacks more widespread and devastating, Munich Re expects the global cyber insurance market to reach $16.3 billion in 2025, up from $15.3 billion in 2024.
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1 week ago |
bloomberg.com | Maggie Shiltagh |Chloe Meley
Die jüngste Häufung spektakulärer Cyberangriffe öffnet Versicherern wie der Münchener Rück die Tür zu einem schnell wachsenden Markt — und hat Folgen für die Versicherungsprämien. Da Angriffe durch künstliche Intelligenz immer verbreiteter und verheerender werden, prognostiziert die Münchener Rück ein Wachstum des weltweiten Marktes für Cyberversicherungen auf 16,3 Milliarden Dollar (14,4 Milliarden Euro) im Jahr 2025 von 15,3 Milliarden Dollar 2024.
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1 week ago |
insurancejournal.com | Maggie Shiltagh |Chloe Meley
A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash in from a rapidly expanding market — and prompting a rethink on premiums. As artificial intelligence makes attacks more widespread and devastating, Munich Re expects the global cyber insurance market to reach $16.3 billion in 2025, up from $15.3 billion in 2024.
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