UK Finance Firms’ Concern Over Geopolitics at Record Level October 3, 2024 By Laura Noonan and Greg Ritchie The share of UK financial services firms worried about geopolitical risks is at its highest level since the 2008 crash,...
Typhoon Krathon Hits Taiwan With Dangerous Winds, Heavy Rain October 3, 2024 By Mary Hui and Cindy Wang Typhoon Krathon crossed the southwest coast of Taiwan packing dangerous winds, with the storm leaving thousands of customers without power...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Taiwan Rescues All Crew Members on Stricken Ship as Super Typhoon Nears October 2, 2024 By Cindy Wang and Miaojung Lin Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon...
People Moves: Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty Team; BHSI Announces 2 Promotions in Global, UK Casualty Teams October 2, 2024 This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these...
Markets/Coverages: Hub Int’l Forms Partnership With Largest Trucking Broker in Mexico October 2, 2024 Hub International Ltd. (HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada...
Stellantis’ $854 Million UK Lawsuit Over Airbag, Seatbelt Cartels Begins October 2, 2024 Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker...
UK’s Saga in Talks With Belgium’s Ageas for Insurance Partnership October 2, 2024 By Yamini Kalia Britain’s Saga said on Wednesday it is in talks with Belgian insurer Ageas on an insurance partnership, sending the holiday...