Russia Suspected of Plotting to Send Incendiary Devices to US November 5, 2024 European and US intelligence officials believe Russia is behind a plan that would ultimately place incendiary devices on planes to...
London Protesters Demand Water Companies Clean Up Sewage-Tainted Rivers November 5, 2024 Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday...
People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez November 4, 2024 This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London. A summary of these...
Spain’s Floods to Cost Insurers More Than €1 Billion: Morningstar DBRS November 4, 2024 Southern Spain’s devastating floods are expected to cost insurers well above €1 billion ($1.1 billion), given the significant damage to...
Markets/Coverages: Marsh Offers Insurance to Manage Risks of Fake Carbon Credits November 4, 2024 Marsh, the insurance broker and business of Marsh McLennan, has partnered with We2Sure, a specialist in insurance and risk management...
Vienna Insurance Group Launches Specialist Cyber Security Company November 4, 2024 Vienna Insurance Group has launched a specialist cyber security company focused cyber risk management for small and medium-sized companies. Called...
Meta Loses Bid to Appeal UK Class Action Over User Data November 4, 2024 By Upmanyu Trivedi Meta Platforms Inc. failed in a bid to challenge a class action suit in the UK that alleged Facebook abused...
Update: TikTok Sued by Families in France After Children’s Suicides November 4, 2024 By Gaspard Sebag and Benoit Berthelot TikTok was sued by a group of seven French families who blame the social network app for harming the mental...
Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best November 1, 2024 By L.S. Howard AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year...
Markets/Coverages: IQUW Launches Financial Institutions Product in Australia November 1, 2024 IQUW, the London-based property and specialty re/insurer, has announced that its financial institutions (FI) product, FortiFI, has launched new wording...