Myanmar’s military leader requested international aid on Friday to help deal with the aftermath of a massive earthquake that they said has left at least 144 people dead. The quake on Friday measured 7.7 in magnitude, according to the US …
South Korean authorities have contained the main blazes in the country’s largest forest fire on record, a minister said on Friday, as rain and better weather allowed more helicopters to fly and dump water, dousing the flames. Spread by strong …
A group of Italian fund managers said on Friday it would put forward four candidates for the new board of Generali, adding to uncertainty over the outcome of a key shareholder vote at the country’s biggest insurer. A shareholder clash …
The Arctic Ocean likely had the smallest winter ice cover in 47 years of satellite records this season, with just 5.53 million square miles of sea ice covering the region at its peak on March 22. That’s 510,000 square miles …
Italian financial group Unipol aims to generate 1 billion euros ($1.1 billion) in capital over the next three years to boost its finances and have money for investments. Unveiling its “Stronger/Faster/Better” plan for 2025-2027, Italy’s second biggest insurer said on …
This edition of International People Moves details appointments at Everest Re and the MGA Aqueous Underwriting. A summary of these new hires follows here. Everest Re Taps Haines From Carpenter as Global Head of Engineering Everest Reinsurance, the reinsurance division …
Sompo, the global property and casualty re/insurer, announced it has been granted licenses by the regulatory authorities to write primary insurance in Belgium and the Netherlands. Sompo said the development extends its commercial P/C insurance capabilities and product offerings in …
Hannover Re has renewed a cyber catastrophe bond that provides $20 million worth of retrocessional protection against the accumulation of losses caused by a sustained cloud-outage event during 2025-2026. Cumulus Re II is 45% larger than the first iteration of …
ING has become the first systemically important global bank to have its climate goals validated as being in line with efforts to limit global warming to 1.5 degrees Celsius, the body responsible for awarding the standard said on Wednesday. The …
Western officials have accused Russia and its proxies of staging dozens of attacks and other incidents across Europe since the invasion of Ukraine three years ago, according to data collected by The Associated Press. They allege the disruption campaign is …
