Typhoon-Hit Southeast Asia to See a Rainy End to 2024 October 15, 2024 By Mary Hui Southeast Asia could see higher-than-normal rainfall in the coming months, threatening further disruptions to agriculture, tourism, and industrial output in...
Arch Capital Group Names Papadopoulo CEO as Grandisson Retires October 15, 2024 Arch Capital Group Ltd., the Bermuda-based re/insurer, announced that Nicolas Papadopoulo has been named chief executive officer and is joining...
Insurance Claims Confirm Many Israeli Structures Damaged in Iran Attack October 15, 2024 By Galit Altstein Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40...
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal October 15, 2024 By Philip J. Heijmans and Elffie Chew The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake...
MIC Global Applies to Become Lloyd’s Coverholder for Greenlight Re’s Syndicate 3456 October 11, 2024 MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder for Greenlight...
Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh October 11, 2024 Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses...
Coal Expansion Helps Lure Insurers Back to Australia Producer Whitehaven October 11, 2024 By Natasha White Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house...
Perrier Well Contamination Sparks Scrutiny for Luxe Water Brand October 11, 2024 By Dasha Afanasieva and Nayla Razzouk In the arid highlands near the town of Vergèze in southern France, the sun beats down on a small stone...
Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says October 11, 2024 By Kirstin Ridley Britain’s decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment...
Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit October 11, 2024 By Upmanyu Trivedi One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a...