What’s in the EU’s 18th Sanctions Package Against Russia? July 21, 2025 By Kate Abnett, Enes Tunagur and Milan Strahm Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved...
People Moves: HDI Global Canada Appoints Reedie as Head of Engineering and Construction; QBE Promotes Connolly as European Property Product Manager July 21, 2025 This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new...
Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate July 21, 2025 Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate,...
Flood Re’s Reinsurance Costs Surge on UK Claims Frequency and Severity July 21, 2025 Flood Re, a joint initiative between the UK government and insurers designed to make flood cover more affordable for homeowners,...
The Dossier That Warned Credit Suisse About Sanjeev Gupta July 21, 2025 By Jack Farchy and Donal Griffin The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon...
Evidence Shows Jeju Air Pilots Shut Off Less-Damaged Engine Before Crash: Source July 21, 2025 By Hyunjoo Jin and Lisa Barrington The South Korea-led investigation into Jeju Air’s fatal plane crash in December has “clear evidence” that pilots shut off the...
Singapore Says Cyber Espionage Group Targeting Critical Infrastructure July 21, 2025 Singapore said on Friday that it was responding to cyberattacks on its critical infrastructure by an espionage group alleged by...
Ambani’s Jio Agrees to Reinsurance Venture With Allianz in India July 21, 2025 By Malavika Kaur Makol Mukesh Ambani’s Jio Financial Services Ltd. agreed to form a reinsurance venture with Allianz SE in India, advancing the billionaire’s...
Cayman Islands Approves 21 New International Insurance Licenses During H1 July 18, 2025 The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses...
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s July 18, 2025 This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows...