Munich Re Reports €2.2 Billion Profit on ‘Very Low’ Major Losses July 24, 2026 By Stephan Kahl Munich Re reported second-quarter proft that exceeded analyst estimates on “very low” major-loss expenditures in its property-casualty reinsurance business. Net...
US and Allies Say Russian Hackers Stole Emails Without Social Engineering July 24, 2026 By Raphael Satter The United States and more than a dozen allied nations said on Thursday that Russian hackers stole emails from users...
US Strikes Iran From South to North After Trump Threats Over Red Sea Shipping July 24, 2026 By Eman Abouhassira, Yasmine Ghania and Ahmed Elimam U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed...
World Bank Estimates Quakes Cost Venezuela $20 Billion in Damage July 24, 2026 By Jorgelina do Rosario The twin earthquakes that hit Venezuela last month may have caused $19.6 billion in physical damage to buildings and infrastructure,...
Russia’s Black Sea Waters Not Safe for Ships Amid Attacks, Moscow Warns July 24, 2026 By Bloomberg News Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks...
Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal July 24, 2026 By Nao Sano, Stephan Kahl and Manuel Baigorri Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion...
War Risk Insurance Costs Surge for Southern Red Sea Voyages After Houthi Attacks July 23, 2026 By Jonathan Saul The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned...
Tech Update: Gallagher Enhances Digital Insurance Platform for Aviation Clients July 23, 2026 Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance...
Wildfires Force France to Evacuate Tourists From Campsites July 23, 2026 By Nayla Razzouk Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat...
Hacker Breaches South Korean Database of Nearly All Diplomats July 23, 2026 By Mark Anderson South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach...