Christian Dior Couture Client Data Breached in Cyberattack May 16, 2025 By Angelina Rascouet Christian Dior Couture has been hit by a cyberattack, with hackers obtaining some of its customers’ data. LVMH’s second biggest...
Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship May 16, 2025 By Andrius Sytas and Sabine Siebold Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during...
People Moves: AIG Taps Colombo From Swiss Re as CEO, Latin America and Caribbean; Willis Names Former Allianz Exec Vosloh as Head of Cyber for EMEA May 15, 2025 This edition of International People Moves details appointments at American International Group and Willis. A summary of these new hires...
Hedge Fund Fermat Sees 20% Surge in Catastrophe Bond Market May 15, 2025 By Gautam Naik Hedge fund Fermat Capital Management expects the market for catastrophe bonds to grow 20% this year, as a product based...
Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims May 15, 2025 By Bloomberg News Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer...
‘Synchronization’ of Europe’s Financial Rules With US, UK Is a Priority: France’s Macron May 15, 2025 French President Emmanuel Macron said on Thursday that getting European regulation to be more in sync with the United States...
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers May 14, 2025 By L.S. Howard German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S....
Update: Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review May 14, 2025 By Peter Chapman Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc...
Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover May 14, 2025 Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million...
Conduit Re Names Eckert as CEO May 14, 2025 CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief...