UK Faces High Wildfire Risk After Spell of Warmer Weather August 6, 2024 By Eamon Akil Farhat Europe’s wildfire risks are extending as far north as the UK after a recent spell of hot weather. Parts of...
Two More Wirecard Executives Charged in Germany Over Accounting Scandal August 6, 2024 German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting...
Nearly a Third of Carbon Credits Fail New Benchmark Test August 6, 2024 By Susanna Twidale Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve...
UK’s Thames Water Seeks Deal to Escape £104 Million Sewage Fine August 6, 2024 By Jessica Shankleman Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133...
Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance August 6, 2024 By Elffie Chew and Andrea Tan Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would...
A Gas Carrier Faking Its Location Helps Russia Avoid Sanctions August 5, 2024 By Stephen Stapczynski A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by...
People Moves: QBE Promotes Desch as German General Mgr; Trium Syndicate Taps TMK’s Metsanvirta as Active U/W; Markel Announces Key Hires for Singapore, HK August 5, 2024 This edition of International People Moves details appointments at QBE Europe, Trium Syndicate, and Markel in Singapore and Hong Kong....
How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore August 5, 2024 By Jonathan Saul A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously...
China Asks Large State Financial Institutions to Drop Auditor PwC, Sources Say August 5, 2024 Chinese regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it...
Ambac Completes Buy of Majority Stake in London’s Beat Capital Partners August 2, 2024 Ambac Financial Group said it has completed the acquisition of a 60% controlling stake in London-based Beat Capital Partners for...