Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Hübner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Smartwatches Measuring Mortality Risks Are New Tool for Insurers February 26, 2025 By Alex Tanzi Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data...
Scam Calls Hit Record in Thailand Before Cyber Fraud Crackdown February 25, 2025 By Patpicha Tanakasempipat Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024...
People Moves: Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics; Specialty MGA UK Hires 2 Energy Underwriters February 25, 2025 This edition of International People Moves details appointments at Markel and Specialty MGA UK. A summary of these new hires...
EU Mounts Major Retreat From ESG Agenda Amid Fierce Backlash February 25, 2025 By John Ainger and Frances Schwartzkopff The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that...
Canada’s Axis Insurance Acquires Calgary-Based Fuse Insurance February 25, 2025 Axis Insurance Managers Inc., the Vancouver, Canada-based insurance broker, announced the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance...
Talanx Sells Ecuadorian Subsidiary to Grupo Financiero Atlántida February 25, 2025 The Retail International division of the Talanx Group is selling its Ecuadorian entity HDI Seguros S.A. to Grupo Financiero Atlántida,...
Damage to Baltic Sea Telecoms Cable May Have Occurred in January, Operator Says February 24, 2025 Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic...
Google to Be Hit With EU Charges of Breaching Big Tech Rules, Sources Say February 24, 2025 By Foo Yun Chee Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech...
Europe Braces for Freeze of US Foreign Corruption Practices Act February 24, 2025 By Jonathan Browning, Karin Matussek and Gaspard Sebag In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for...