Floods Threaten Europe as Searing Heat Gives Way to Storms August 14, 2024 By Eamon Akil Farhat and Paul Tugwell Extreme heat in parts of Spain and France is giving way to storms and flood warnings, while Greece is bracing...
South Korean Alarm Over EV Battery Fires Puts Spotlight on Safety Concerns August 14, 2024 South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles (EV)...
UK Insurer Aviva Beats Earnings Forecasts on Home, Motor Insurance Price Hikes August 14, 2024 By Carolyn Cohn British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said...
Was July 2023 or July 2024 the Hottest Month on Record? Yes. August 14, 2024 By Olivia Rudgard and Eamon Farhat July saw record-breaking heat around the world, including the hottest day ever recorded and multiple national heat records. But whether...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk August 14, 2024 Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the...
Insurance Broker NFP Acquires Orca Financial Group in Ireland August 13, 2024 NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in...
People Moves: Miller Names Thevenot for Strategic Sports and Entertainment Team; Tokio Marine HCC International Promotes 2 in UK Trade Credit Division August 13, 2024 This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International. A...
Athens Braces for Wildfire Flare-Ups as High Winds Return August 13, 2024 By Paul Tugwell Greek firefighters are working to bring the remnants of a huge wildfire near Athens under control, after wind speeds picked...
Insured Losses From UK Riots Will Be Manageable, With Claims Below £250M: Report August 13, 2024 By L.S. Howard Insured losses from recent riots in the United Kingdom are expected to remain at manageable levels with a limited impact...
Thailand Races to Stop Toxic Waste Cargo on MSC, Maersk Ships August 13, 2024 By K. Oanh Ha Thai authorities are racing to stop about 100 shipping containers allegedly filled with hazardous industrial waste from Albania reaching the...