Ant-Backed Rural Lender and Micro-Insurance Firm, Chongho, Eyes $500M HK IPO October 27, 2023 By Pei Li Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses, is considering...
Acapulco’s Economic Losses Seen at $15 Billion as Hurricane Otis Death Toll Rises October 26, 2023 By Andrea Navarro Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds...
People Moves: Lockton Re Names Aon’s Wilkinson in New Role as International Head of Analytics; DUAL Deutschland Hires Former Gothaer Exec Huy as Managing Director October 26, 2023 This edition of International People Moves details appointments at Lockton Re and DUAL Deutschland. A summary of these new hires...
Australia Court Rules Carnival Negligent Over Cruise’s COVID Risks in Landmark Ruling October 26, 2023 By Rod McGuirk A cruise operator that failed to cancel a voyage from Sydney that led to a major COVID-19 outbreak was ruled...
Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship October 26, 2023 By Andrius Sytas Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s...
World’s Ghost Fleet in Focus Over US Russian Price-Cap Crackdown October 26, 2023 By Robert Harvey and Natalie Grover U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto...
Israel’s Ashdod Port Toils Under Threat of Rockets as War Risk Insurance Rates Soar October 26, 2023 By Jonathan Saul When wailing sirens warn of incoming rockets from Gaza, workers at Israel’s Port of Ashdod stop operations within moments and...
Ukraine Sees Russian Cyberattacks Growing More Sophisticated October 26, 2023 By Philip J. Heijmans A senior Ukrainian official said Russian cyberattacks are growing more sophisticated and have become daily occurrences aimed at disrupting vital...
People Moves: QBE Germany Appoints 2 Marine U/Ws; BHSI Names Jaghbir as Underwriting Manager in Queensland, Australia October 25, 2023 This edition of International People Moves details appointments at QBE Germany and Berkshire Hathaway Specialty Insurance (BHSI). A summary of...
Israeli Firms Try to Cope With Trauma, Worker Shortages, Missed Deadlines October 25, 2023 By Matthew Boyle and Deena Shanker Business as usual is rare right now inside the companies that power Israel’s $520 billion economy, as leaders try to...