Markets/Coverages: Special Contingency Risks Offers Enhanced Victim Support Cover October 10, 2025 Special Contingency Risks (SCR), a WTW business, has launched an Enhanced Victim Support insurance extension (EVS) to support hostage victims....
People Moves: Aon Names Chisholm as Chairman of Asia Reinsurance Solutions; Markel Appoints Luxford as Head of Distribution and MGA Strategy, Australia October 10, 2025 This edition of International People Moves details appointments at Aon and Markel Insurance. A summary of these new hires follows...
Weak Governance of Artificial Intelligence Raises Risks of Cyberattacks: Moody’s October 10, 2025 By L.S. Howard Weak artificial intelligence (AI) governance practices pose a growing risk of data breaches, warns a report published by Moody’s Ratings....
Global Financial Watchdogs to Ramp Up Monitoring of Artificial Intelligence October 10, 2025 By Marc Jones Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of...
Life-Threatening Heat Domes Are Confounding Forecasters October 10, 2025 By Brian K. Sullivan Record-breaking temperatures seared the eastern US last month, leading to power emergencies across the region. The cause: an enormous ridge...
Explosion at Orange Site in Paris Injures Workers, Affects 80,000 Users October 10, 2025 An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting...
Fortegra Begins Operating From Box 388 at Lloyd’s of London October 9, 2025 Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has secured a box in the...
People Moves: Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472; Westfield Specialty Int’l Taps Faraday’s Richardson to Lead Open Market Property October 9, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these...
Bank of England Says Soaring AI Valuations Risk Sharp Market Correction October 9, 2025 By Laura Noonan and Greg Ritchie Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp...
Tokio Marine Weighs More Than $10 Billion of International M&A October 9, 2025 By Alexandre Rajbhandari Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost...