Remnants of Hurricane Ernesto Trigger Wind and Rain Warnings in Scotland August 22, 2024 By Dylan Griffiths, Eamon Akil Farhat and Paul Tugwell Yellow weather warnings are in place for Scotland on Thursday, as the remnants of Hurricane Ernesto bring strong winds and...
Unseasonal Winter Heat Across Australia Raises Wildfire Risks August 22, 2024 By Ben Sharples Australia is facing elevated wildfire risks months ahead of the summer fire season, as an unusually warm winter scorches parts...
Swiss Re First-Half Profit Beats Estimates on Lower Catastrophe Claims August 22, 2024 By Myriam Balezou Swiss Re AG’s first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted...
Yacht Insurer OMAC Is Hull Carrier for Yacht Sunk Off Sicily, Sources Say August 22, 2024 By Noor Zainab Hussain Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit...
Malawi Gets Insurance Payout of $11.2 Million for El Niño-Linked Drought Disaster August 21, 2024 The Malawian government has received an insurance payout of $11.2 million for a crippling El Niño-linked drought that led the...
Storm Warnings in Place Across Europe, From Northern Greece to Poland August 21, 2024 By Paul Tugwell and Eamon Akil Farhat Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece. There are...
Markets/Coverages: Rokstone and Accredited Announce Multi-Year Capacity Agreement August 21, 2024 Rokstone, the Aventum Group’s international re/insurance MGA, announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a leading...
Update: Divers Retrieve 5th Body From Mike Lynch Yacht Sunk Off Sicily August 21, 2024 By Donato Paolo Mancini Italian search and rescue teams have retrieved a fifth body from a sunken yacht off Sicily, where British tech tycoon...
US Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules August 21, 2024 By Newley Purnell US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to...
Australian Insurer IAG Says Rise in Claims, Third-Party Costs to Push Up Premiums August 21, 2024 Insurance Australia Group said on Wednesday it expects premiums to keep rising because of a huge jump in loss claims...