Ex-PIMCO Executive to Run World’s First Catastrophe-Bond ETF February 19, 2025 By Gautam Naik Catastrophe bonds, whose returns have consistently trounced those of high-yield debt markets in recent years, are about to become accessible...
Delta Plane Flips Upside Down in Toronto Landing, 15 Hurt February 18, 2025 By Jacob Lorinc A Delta Air Lines Inc. regional jet flipped out of control after landing in windy, freezing conditions in Toronto, skidding...
Markets/Coverages: IQUW Launches Ports & Terminals Product February 18, 2025 IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a...
13 People Arrested in Croatia for Illegally Disposing Hazardous Waste, Europol Says February 18, 2025 Thirteen people suspected of illegally importing and disposing of hazardous waste have been arrested in Croatia, the European Union’s law...
RiverStone Int’l Signs Reinsurance-to-Close Deal With Asta for 2022 Year of Account February 18, 2025 RiverStone International, the legacy acquisition company, announced it has signed a reinsurance-to-close contract with Asta Managing Agency, under which the...
Viewpoint: Insurers Risk Losing Out if They Ignore Embedded Insurance Opportunities February 18, 2025 By Robert McCarthy Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking...
Global Warming Could Be Making It Less Windy in Europe February 18, 2025 By Joe Wertz Global warming is driving down wind speeds during European summers, putting additional stress on the region’s energy systems as soaring...
Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows February 17, 2025 By Aditya Kalra and Nikunj Ohri Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an...
Powerful Tropical Cyclone Zelia Hits Australia’s Iron Ore Hub February 14, 2025 By Renju Jose and Christine Chen Tropical Cyclone Zelia made landfall on Australia’s west coast on Friday, the weather bureau said, lashing the world’s largest iron...
Sompo Holdings Restructures Business Into 2 Global Segments February 14, 2025 Sompo Holdings Inc., the Tokyo-based insurance holding company, announced it is restructuring its business into two global segments: Sompo Property...