Intact Financial Acquires Canada’s No. 1 Home Maintenance App November 14, 2024 Intact Financial Corp., the Toronto-based property-casualty insurer, announce that it has acquired Jiffy Inc., Canada’s No. 1 home maintenance app....
Typhoon Usagi Hits Philippines, Set to Track Toward Taiwan November 14, 2024 By Mary Hui Typhoon Usagi struck the northern Philippines on Thursday afternoon, the fifth powerful storm to impact the country in three weeks,...
Apple Faces UK Class Action Over Data Storage Allegations November 14, 2024 By Eleanor Thornber Apple Inc. faces a lawsuit from a UK consumer group over allegations its monopoly on data storage breaches competition law,...
What Is the Latest Science on Climate Change? November 14, 2024 By Gloria Dickie This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures,...
To Manage the Cycle Effectively, Focus on Underwriters’ Behavior November 14, 2024 By Tony Buckle and John Carolin Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters...
People Moves: Price Forbes Taps BMS’s Morgan for Global Construction Team; MGA Altea Insurance Names Dixon as Senior Underwriter November 13, 2024 This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. A summary...
Global CO2 Emissions to Hit Record High in 2024, Report Says November 13, 2024 By Kate Abnett Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling...
Markets/Coverages: Aviva’s Lloyd’s Insurer Probitas Launches 5 New Lines of Business November 13, 2024 Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art...
Cevian’s Baloise Move Triggers European Insurers to Study Deal November 13, 2024 By Jan-Henrik Förster, Pamela Barbaglia, Eyk Henning and Paula Doenecke Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an...
South Africa Declares National Disaster After Floods, Storms November 13, 2024 By Rene Vollgraaff South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...