Air India Audit Finds 51 Safety Lapses, From Unapproved Simulators to Training Gaps July 30, 2025 By Aditya Kalra and Abhijith Ganapavaram India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for...
Update: Shanghai Evacuates 280,000 Residents as Tropical Storm Arrives July 30, 2025 By Bloomberg News Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm crossed China’s financial hub, bringing strong winds...
Bridgepoint to Buy Majority Stake in German Insurance Broker HBC July 30, 2025 By Swetha Gopinath and Eyk Henning Bridgepoint Group Plc agreed to acquire a majority stake in German insurance broker Hanseatic Broking Center GmbH from Preservation Capital...
Marsh Japan Agrees to Acquire Mitsubishi Electric’s Insurance Agency July 29, 2025 Marsh Japan has agreed to purchase Mitsubishi Electric Corp.’s in-house insurance agency, Mitsubishi Electric Insurance Service Co. Ltd., in a...
People Moves: Guy Carpenter Taps RenRe’s Flynn as Head of Global Clients, Global Specialties; Tokio Marine HCC International Names Bridges as Chief Claims Officer July 29, 2025 This edition of International People Moves details London-based appointments at the reinsurance broker Guy Carpenter and the insurer Tokio Marine...
H1 Natural Disasters Had Insured Price Tag of $80B – Driven by US Claims: Munich Re July 29, 2025 By L.S. Howard Natural disasters across the globe cost insurers US$80 billion during the first half of 2025, up from $64 billion in...
Aon Reports 6% Organic Revenue Growth, Boosted by Commercial, Reinsurance Lines July 29, 2025 By L.S. Howard Insurance broker Aon reported second quarter revenue of $4.2 billion, an 11% increase from $3.8 billion in Q2 2024. Aon...
Hong Kong Shuts Down for Second Time in a Week Due to Heavy Rain July 29, 2025 By Richard Frost Hong Kong issued its highest rainstorm warning, effectively closing down the city, just over a week after a typhoon downed...
India Moves to Shield Power Grids From Solar Equipment Malware July 29, 2025 By Rajesh Kumar Singh India issued guidelines to protect solar power equipment from potential cyberattacks, responding to industry concerns that imported China-made parts may...
Musk’s Geopolitical Influence Raises Concerns Among Regulators and Lawmakers July 29, 2025 By Joey Roulette, Cassell Bryan-Low and Tom Balmforth During a pivotal push by Ukraine to retake territory from Russia in late September 2022, Elon Musk gave an order...