AIA Weighs Purchase of Billion-Dollar Shanghai Tower as Its Expands Business in China August 8, 2022 By Bloomberg News Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it...
Ukraine Nuclear-Plant Disaster Is ‘Real Risk,’ IAEA Warns August 8, 2022 By Bloomberg News Ukrainian officials said Russian forces shelled the area around Europe’s largest nuclear plant for a second day, hours after the...
Malaysia to Offer Crop Insurance to Strengthen Food Security August 8, 2022 By Ravil Shirodkar Malaysia will offer government-backed insurance plans to help compensate farmers for losses after natural disasters, as part of measures to...
Russia Finds New Route to Get Oil to Market Via Tiny Egyptian Port August 5, 2022 By Julian Lee Russia appears to have found a new means of getting its oil to market with western sanctions looming for Moscow....
Russian E-commerce Firm Ozon Assesses Damages After Massive Warehouse Fire August 5, 2022 MOSCOW – Russian e-commerce company Ozon said on Thursday it was still assessing the economic damage from a huge fire...
Japan Truck Manufacturer Hino Admits It Faked Emissions Data for 20 Years August 5, 2022 By Yuri Kageyama TOKYO (AP) – Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions data dating back...
Ukraine Wants Ship Safe Passage Deal Extended Beyond Grain to Other Cargoes August 5, 2022 By Yesim Dikmen and Pavel Polityuk Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia’s invasion was due in...
UK’s Solvency II Reforms Could Open Door to Share-Buyback Bonanza for Insurers August 5, 2022 By Alex Morales and William Shaw Insurers would potentially be able to use billions of pounds of expected gains from a relaxation of capital rules for...
UK Insurer Aviva Builds Private Client Business With Azur Acquisition August 4, 2022 UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to...
MGA Incubator NuVenture Launches Product Recall MGA BluNiche August 4, 2022 NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of...