Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients July 9, 2025 Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders....
Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY July 9, 2025 By Paula Sambo Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to...
Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead July 9, 2025 By Mohammed Hatem and Erik Olsson Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave...
UK Companies Should Have to Disclose Major Cyberattacks, M&S Says July 9, 2025 By James Davey British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer...
Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap July 9, 2025 By Jonathan Franke The steady rise in false advertising claims against consumer-facing companies has exposed a major insurance protection gap. The drivers of...
People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitable Foundation Launches in Canada With Gladki as Exec Director July 8, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets in Luxembourg and the Insurance Industry Charitable Foundation...
Market/Coverages: Willis Launches $200M Cargo Facility for Rising Geopolitical Risks July 8, 2025 Willis, a WTW business, has launched ‘Undercover,’ a new $200 million facility, combining coverage for a range of geopolitical exposures...
India’s Kerala State Seeks $1.1 Billion in Compensation From MSC Over Oil Spill July 8, 2025 By Arpan Chaturvedi India’s southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of...
Mexico Criminals Rob Truck Full of Gold, Silver Concentrate July 8, 2025 By Scott Squires Armed thieves robbed a truck carrying 33 tons of gold and silver concentrate belonging to Grupo Minero Bacis, costing the...
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals July 8, 2025 By L.S. Howard Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed...