Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering October 21, 2024 Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary...
South Africa Mulls Rules for Catastrophe Bonds, Climate Cover October 21, 2024 By Antony Sguazzin South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe...
BHP Faces $47 Billion UK Class Action Lawsuit Over Brazilian Dam Collapse October 21, 2024 By Sam Tobin A hearing in a lawsuit against BHP over Brazil’s worst environmental disaster, the 2015 collapse of the Mariana dam, will...
Brazil to Seal $30B Compensation Deal With Miners Over 2015 Dam Collapse: Sources October 21, 2024 By Mariana Durao Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015...
China’s Ping An Insurance Posts 36.1% Rise in 9-Month Profit October 21, 2024 Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first...
North-Central Italy Sees Floods, Road Closures After Heavy Rains October 21, 2024 By Alberto Brambilla Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to...
Sudanese Nationals Accused in ‘Anonymous Sudan’ Cyberattacks October 18, 2024 By Margi Murphy Two Sudanese nationals were indicted by US prosecutors for their alleged participation in a group known as “Anonymous Sudan” that...
Big Tobacco Firms Near Deal to Settle Canada Smoking Risk Cases October 18, 2024 By Tuhin Kar Three of the world’s biggest tobacco companies are near a possible deal to resolve longstanding claims in Canada that they...
Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say October 18, 2024 By Yantoultra Ngui and Kane Wu Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to...
People Moves: AXA XL Re Taps Swiss Re’s Schiffer as CEO, N. America, Reinsurance; Specialist Risk Group Names Marsh McLennan’s Yap as CEO of APAC October 18, 2024 This edition of International People Moves details appointments at AXA XL Reinsurance and Specialist Risk Group. A summary of these...