International & Reinsurance News for August 2025
- France and Germany Reject Trump’s Threats on EU Tech Legislation
- Heavy Rain Causes Flooding, Landslides and Deaths in Vietnam and Thailand
- Kenya’s Britam Seeks More African Expansion After Imminent Congo Entry
- Markets/Coverages: Liberty Mutual Re, Safehub Launch Parametric EQ Insurance Cover
- Canada’s 2023 Wildfires Pushed Air Pollution to Decade-Level Highs
- Climate Change Made Turkey, Greece Wildfires 10 Times More Likely: Scientists
- People Moves: Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer; Aon Promotes Anderson as Head of Professional Services
- Hurricane Remnants Threaten Swiss Alps With Floods, Landslides
- South Korea Agency Fines SK Telecom $97 Million Over Major Data Leak
- Viewpoint: Why Reinsurance Industry Often Struggles to Manage Market Cycles
- EU Considers Secondary Sanctions to Hit Russia’s War Effort
- International Coalition Calls Out Three Chinese Companies Over Hacking Campaign
- Trump Tariffs Pile Pressure on Europe’s Industrial Base
- EU Auto Groups Press for Change to ‘No Longer Feasible’ Car CO2 Emission Targets
- Apple Watch Not a ‘CO2-Neutral Product,’ German Court Finds
- People Moves: Miller Taps Howden’s Cumberland for Newly Created Role of Chief Broking Officer; HDI Global Promotes Tikhonov to Head of Marine Global Risk
- ‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening
- Azerbaijan Sounds Alarm Over Shallowing of Caspian Sea
- Japan FSA Plans New Division to Oversee Asset Managers, Insurers
- Trump Administration Weighs Sanctions on Officials Implementing EU Tech Law
- China-Linked Hackers Hit Southeast Asia Diplomats, Google Says
- Ransomware Hack Hits Orange Telecom, Data Published on Dark Web
- Kazakhstan Presses on With $4 Billion Sulfur Fine on Oil Majors
- Australia Has Banned 3 ‘Forever Chemicals’ – but Europe Wants to Ban all 14,000
- Typhoon Kajiki Nears Vietnam, Bringing Strong Winds and Rain
- Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers
- People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
- Postal Services Across Globe Pause US Deliveries as Tariff Shift Sows Confusion
- Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
- ‘Urgent Action’ Needed to Protect Workers From Heat Stress in Warming World: UN
- Hurricane Erin Is Disrupting Both Europe’s Weather and Forecasts
- People Moves: QBE Promotes Massé to Head of European Claims; Underwriting Agency Doe and Emuss Names Watmough as Professional Liability U/W
- Markets/Coverages: Willis Launches Global Digital Automatic-Follow Facility
- Climate Change Accelerates Melting of Italy’s Ventina Glacier
- Hackers Accessed 850,000 Orange Belgium Customer Accounts
- India’s Nayara Turns to Dark-Fleet Tankers and Russian Oil for Survival
- Greenwashing Complaint Filed Against Canadian Fossil Fuel Companies
- People Moves: Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary Casualty; Hiscox Taps AIG’s Bud as Group Head of Technical Claims
- Markets/Coverages: MGA Coalition Launches Cyber Insurance in France
- Hijacked Satellites, Orbiting Space Weapons: In 21st Century, Space Is New Battlefield
- Allianz Raises $1.25 Billion in Perpetual-Bond Litmus Test
- Renewables Battling Climate Change Now Need to Insure Against It
- People Moves: Howden Taps Hughes From IAG as CEO of New Zealand; BHSI Promotes Esa to Head of National Business, UK
- Europe’s Wildfires Have Burned the Most Land in Nearly 20 Years
- Qantas Airways Fined $59M for Illegal Pandemic Layoffs
- Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies
- Mumbai Drenched by More Rain as Highest Alert Issued for City
- Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best
- Maersk Contains Fire Onboard Vessel off Liberia, Intensifies Firefighting Efforts
- Northern China Flash Flood Kills 10, Xinhua Reports
- No End in Sight to Plastic Pollution Crisis as Treaty Negotiations in Geneva Fail
- Google Agrees $36 Million Fine for Anti-Competitive Deals With Australia Telcos
- Update: Hurricane Erin Strengthens, Threatens US East Coast With Rough Surf
- Banking’s Ailing Climate Coalition Loses Ground in Europe
- Accenture to Buy Australian Cybersecurity Firm CyberCX for Reported $650 Million
- PE Firm B.P. Marsh Invests in New Collateralized Reinsurer to Support Growth of XPT
- Toxic Spill at China-Owned Zambian Mine 30 Times Worse Than Estimated
- Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer
- Fire Breaks Out Onboard Maersk Container Vessel off Liberia
- Deadly Fires Rage in Greece and Spain as Heat Blasts Cyprus
- Norway Spy Chief Blames Russian Hackers for Dam Sabotage in April
- Australia Pension Fund Mercer Sued Over Customer Disclosures
- Swiss Re Sets Up Task Force to Monitor Tariff Impact
- Hong Kong Extends Record Rain Warnings as Podul Skirts City
- Nigeria Gives Insurers a Year to Boost Capital Fivefold
- Shadow Tanker Fleet Grows More Slowly as Western Sanctions Target Russian Oil
- People Moves: Aon Promotes Shukri as UK Reinsurance Client Services Leader; Blenheim Underwriting Taps Stratton-Thomsett From MS Amlin as Casualty Underwriter
- Activist Investor 7Square Pushes Nuernberger to Entertain Rival Offers
- Thousands Flee Wildfires Across Greece as Heat Withers Crops
- Israeli Insurance Software Firm Sapiens to Be Bought by Advent for $2.5 Billion
- Typhoon Podul Slams Into Southern Taiwan, Hundreds of Flights Canceled
- People Moves: BHSI Names QBE’s Masciovecchio as Country Manager, Switzerland; Hamilton Insurance Group Appoints Buckley as Group Chief Risk Officer
- Specialist Risk Group Acquires London-Based City Quarter Brokers
- Finland Charges Eagle S Tanker Captain, Officers Over Cable Cuts
- Wildfire Briefly Shut Dardanelles Strait to Shipping as Europe Battles Infernos
- Swiss Re Tackles Longevity Drug Impact With Life Policy Advice
- Update: Typhoon Podul Set to Strengthen Before Hitting Southern Taiwan
- Jellyfish Shut French Nuclear Reactors as Heat Wave Builds
- Markets/Coverages: Hiscox Launches Sexual Molestation Liability Cover
- People Moves: Lancashire Announces Senior Leadership Promotions, Including CEOs of Insurance Units; CFC Taps Ascot’s Keeler as Head of Digital Underwriting
- Britain’s M&S Restores Click and Collect Services 15 Weeks After Systems Hacked
- African Lender Weighs Claiming Lloyd’s Payout on Zambia Debt
- Emirates Expands Electronics Restrictions With Power Bank Ban
- Nigeria Insurance Stocks Gain Most in Almost 20 Years on New Law
- Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
- Great Barrier Reef Records Largest Annual Coral Loss in 39 Years
- Ontario Teachers’ Sells Stake in French Broker Diot-Siaci to Private Equity Firm Ardian
- Australia’s Privacy Regulator Sues Optus Over 2022 Data Breach
- BHP, Vale Offer $1.4B Settlement in UK Lawsuit Over Brazil Mining-Dam Disaster: FT
- Fires Ravage Southern French Vineyards Ahead of Harvest Season
- Brookfield Turns Focus to Insurance as Source of Fresh Capital
- Frequent Disasters Expose Climate Risks to Infrastructure in South Asia
- French Firefighters Battle to Control Worst Blaze Since 1949
- Aon’s NFP Acquires UK MGA Platform, Bspoke Insurance Group
- Hackers Steal Passwords From UK’s NHS With Sneaky Malware Tool
- People Moves: Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer; Arch Insurance International Hires Byford as Senior Contingency Underwriter
- Deadly Wildfires Ravage Southwest France as Heat Wave Builds
- Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report
- Howden Re Granted License to Operate From Dubai International Financial Centre
- Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services
- UK Firms Hire Contractors Instead of Employees to Cut Tax Bills
- Third Point UK Investors Should Reject Reinsurance Deal, ISS Says
- People Moves: Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End; Aon Promotes Laing and Moore in Reinsurance Leadership Team
- Business Moves: Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas; UIB International Sells Minority Stake in UIB Insurance Brokers (India)
- Hong Kong Sets Rainfall Record as Deluge Disrupts Flights
- Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand
- Beijing Faces More Torrential Rainfall Days After Deadly Floods
- Business Moves: Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations; Optio Completes Purchase of UK MGA Custodian Management
- People Moves: BHSI Launches Program Business in Canada, Led by Tran; Aspen Promotes Cushway as Head of Int’l and UK Casualty Insurance, in New Role
- EU Court Rules Against Environmentalists Trying to Block Spanish Wind Farms
- South Africa Is Considering Flood Insurance for Large Cities
- UK’s FCA Says Lenders Face Minimum £9 Billion Bill on Car Loans
- Update: Lenders Get Reprieve in UK Motor Finance Case From Top Court
- Trump Tariff Blitz Unleashes Delayed Shock to Global Economy
- Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024
- AXA Shares Decline on Net Income Miss, Italian Takeover
- People Moves: QBE Hires ERGO’s Peerdeman to Launch Marine Insurance in Netherlands; HDI Global Appoints 2 New Leaders in Long-Tail Segment
- BHP, Vale Accused of ‘Cheating’ UK Law Firm out of $1.7 Billion in Fees
- Legal Risks Seen Accelerating Climate Adaptation Plans
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