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Recent Editions

Risk Channel
North America
Apple has lost its attempt to dismiss an antitrust lawsuit filed by the U.S. Department of Justice (DOJ) and state attorneys general, marking a significant victory for the Biden administration's aggressive enforcement stance, which has been carried on by enforcers under President Trump. The lawsuit accused the company of blocking competitors from accessing essential features on its devices. U.S. District Judge Julien Xavier Neals said that “allegations of this nature . . . are sufficient” to proceed. The case, filed in March 2024, could lead to years of litigation, with the DOJ asserting that Apple has deliberately created barriers to stifle competition. While Apple’s lawyers argued that the case lacks evidence of consumer harm, the judge ruled that the claims can move forward, indicating a complex legal battle ahead.
Full Issue
Risk Channel
UK/Europe
Aon chief executive Greg Case has called for $1trn in private capital to enter the insurance sector over the next decade to address increasing coverage gaps for natural disasters and cyber threats. Speaking to the Financial Times, Case said: “If we don't bring in a trillion dollars in alternative capital in the next decade, we've failed.” The insurance industry is under pressure from rising climate-related losses and a surge in cyber incidents, with Aon noting that since 2000, less than one-third of global natural catastrophe costs have been covered. In 2024, economic losses from natural disasters reached $223m, with only $145bn insured. Aon anticipates that alternative capital investment will double in the next five years, driven by investor appetite and demand from companies facing reduced capacity from traditional insurers. Case emphasised the importance of transparency and understanding risk to bolster investor confidence.
Full Issue