International & Reinsurance News for July 2025
- Markets/Coverages: Price Forbes Adds Construction Capacity to Cross-Class Facility
- Air India Junior Pilot Asked Captain Why He Turned Off Fuel Switches
- How Hot Can It Get? Scientists Are Struggling to Find an Answer
- People Moves: Guy Carpenter Promotes Hakes as Global Head of Marine, Energy, and Technical Lines; Moody’s Names Aquino as Global Co-Head of Insurance
- Insurance Supervisors’ Group Seeks Collaboration to Cover Disaster Losses
- Trade Credit Specialist Coface Gets Nod From Lloyd’s to Launch Syndicate
- Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG
- Air India Crash Supports Argument for Cockpit Cameras, IATA Chief Says
- First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events
- ECB Stress Test to Ask Banks Which Geopolitical Risks Would Hurt
- Helvetia, Baloise Said To Tap McKinsey For Merger Help
- Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization
- London Market Brokers, Associations Welcome Move to Create UK Captive Domicile
- Markets/Coverages: Liberty Specialty Launches Crypto Product for Financial Institutions
- Lawyers Warn UK NDA Ban May Reduce Misconduct Settlement Payouts
- Four People Killed in Small Plane Crash at London Southend Airport, Police Say
- AI Is Already Showing Signs of Slashing UK Job Openings
- Air India CEO Says Probe Into Ahmedabad Crash Raises New Questions
- UK Farmers Face Increased Fire Risks as Dry Weather Persists
- People Moves: BMS Appoints Wilson as Director in Canadian Retail Division; WTW Promotes Cousins to Head of London Market Claims
- MGA Nexus Underwriting’s CEO Rouse Faces Internal Investigation for ‘Offensive’ Email
- Markets/Coverages: HDI Global, Parametric Insurer Descartes Launch EQ Cover in Japan
- Ships Look to Dodge Red Sea Attacks With ‘All-Crew-Muslim’ Messages
- UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows
- Air India Crash Points to Cockpit Confusion as Fuel Flow Cut Out
- Houthi Rebels Sink Ship in Red Sea, Killing at Least 4 With 11 Missing: EU Naval Mission
- People Moves: Consilium Taps Carpenter’s Coleman for C-Suite After Co-CEO Baird Suddenly Exits; Everest Promotes Shaw as Chief Commercial Officer of Int’l Division
- Markets/Coverages: Aon Launches Insurance Facility for Full Lifecycle of Data Centers
- Red Sea Insurance Premium Spikes as Houthi Risks Return
- European Commission to Propose Floating Russian Oil Price Cap
- Extreme Heat Is Killing European Workers Despite Government Efforts
- UK Arrests Four Linked to M&S, Harrods Cyberattacks
- Markets/Coverages: Descartes Insurance Expands Into Credit & Political Risk
- People Moves: QBE Re Names Senior Leaders Across Markets, Product Areas as Part of Restructuring; Liberty Global Transaction Solutions Appoints Leaders in London, Europe
- AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market
- Extreme Weather Could Cause 5% Drop in Euro Zone GDP, Bank Watchdogs Find
- Low Water Still Hindering Rhine River Shipping in Germany After Rainfall
- M&S Says April Cyberattack Caused by Third-Party Impersonation
- Qantas Says Passenger Addresses, Meal Choices Among Stolen Data
- People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Restructures Underwriting Operations, Making Leadership Changes
- US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
- Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients
- Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY
- Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead
- UK Companies Should Have to Disclose Major Cyberattacks, M&S Says
- Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap
- People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitable Foundation Launches in Canada With Gladki as Exec Director
- Market/Coverages: Willis Launches $200M Cargo Facility for Rising Geopolitical Risks
- India’s Kerala State Seeks $1.1 Billion in Compensation From MSC Over Oil Spill
- Mexico Criminals Rob Truck Full of Gold, Silver Concentrate
- Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals
- Apple Takes Fight Against $587 Million EU Antitrust Fine to Court
- Commercial Ship Under Continuous Houthi Attack in Red Sea
- Wildfire Smoke Brings a Forgotten Danger to the Arctic: Black Carbon
- Richard Li’s FWD Rises in HK Debut, Reversing Earlier Drop
- CRC Group Agrees to Acquire Lloyd’s Managing Agency Atrium Underwriting Group
- Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets
- Ship Hit in Red Sea as Israel Strikes Houthi-Controlled Ports
- UK Business ‘Struggling to See’ What’s Pro-Business About Labour
- Louis Vuitton Korea Suffers Cyberattack as Customer Data Leaked
- South Korea Penalizes ‘Negligent’ SK Telecom Over Major Data Leak
- Czech Republic Hit by Major Power Outage Triggered by Fallen Cable
- ‘Preventable’ National Grid Failures Led to Heathrow Fire: Report
- People Moves: Ki Appoints Ex-PartnerRe Executive Bonneau as Chair
- Cyberattack on Brazil Tech Provider Hits Reserve Accounts of Some Financial Institutions
- Business Moves: Specialist Risk Group Acquires Generation Underwriting From WF Risk Group; Ardonagh Acquires Majority Stake in Apex Insurance in Hong Kong
- Zurich Insurance Buys Canadian Insurance Technology Firm BOXX
- Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers
- Mount Everest’s Trash-Covered Slopes Are Being Cleaned by Drones
- Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street
- Heat Waves May Cut GDP by 0.5 Percentage Point in Europe, Allianz Says
- Markets/Coverages: Hiscox Offers Digital Cover for Small Cargo, Stock Throughput Risks
- Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva
- Highway Robberies Are Now Just Part of Doing Business in Mexico
- M&S Expects Cyberattack Impact to Be Over by August, CEO Says
- Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack
- UK Broker Ardonagh Completes $2.5B Equity Investment Led by PE Firm Stone Point
- Howden Re Names Elliot Richardson Executive Chair as Rod Fox Steps Down
- Update: Heatwave Grips Europe – Spurring Health Alerts, Raising Risk of Field Fires
- ‘Bomb Cyclone’ Pummels Sydney With Heavy Rains, Winds
- BNP Paribas Completes Acquisition of AXA’s Asset Management Unit
- India’s Sigachi Factory Fire Death Toll Rises to 39; Cause Still Unknown
- China Enlists Commercial Insurers in Bid to Boost Local Biotechs
- Aviva’s £3.7 Billion Direct Line Deal Gets UK Regulator’s Nod
International & Reinsurance News Archives