Taiwan Regulator Rejects CTBC Takeover Attempt of Shin Kong September 17, 2024 Taiwan’s financial regulator rejected on Monday a takeover attempt by financial conglomerate CTBC of rival Shin Kong saying its plans...
Flooding in Central Europe Could Cause Billions in Economic Losses, Analysts Say September 17, 2024 The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates...
Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases September 16, 2024 Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up...
People Moves: Lillelund Named CEO of AGCS; Ardonagh Names Allianz’s Mitchell for Growth in Asia; Carbon Taps Asta’s Gallagher as Head of Syndicate Mgmt. September 16, 2024 This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and...
Musk Calls Australian Government ‘Fascists’ Over Misinformation Law September 16, 2024 By Renju Jose Elon Musk, owner of social media platform X, on Friday [Sept. 13] called Australia’s center-left government “fascists” over proposed legislation...
UK to Classify Data Centers as ‘Critical National Infrastructure’ September 16, 2024 By Renju Jose Britain’s data centers will be classified “critical national infrastructure,” the government said on Thursday [Sept. 12], giving the servers and...
EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis September 16, 2024 By Paul Wallace The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red...
Shanghai Slammed by Strongest Typhoon to Hit City Since 1949 September 16, 2024 By Bloomberg News The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting...
Update: Flood Death Toll Rises as Europe Counts Cost of Storm Boris September 16, 2024 By Eamon Akil Farhat, Marton Eder, Piotr Skolimowski and Krystof Chamonikolas Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared...
Swiss Insurer Baloise Eyes Changes in Board of Directors, Chairman Says September 13, 2024 By Oliver Hirt Swiss insurer Baloise is considering changes in its board of directors, Chairman Thomas von Planta said on Thursday after the...