Investors Put UK Election Winner Labour on Credibility Watch July 8, 2024 By Naomi Rovnick Big investors are warming to Britain after a landslide election win for its new Labour government but remain wary of...
Insurers Fret Over Risk of Militant Attacks, AI Hacks at Paris Olympics July 5, 2024 By Carolyn Cohn and Noor Zainab Hussain Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions...
Labour Win Brings Few Hopes or Fears to London’s Financial District July 5, 2024 By Sinead Cruise and Huw Jones Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many...
Houthi Threat Triggers Surge in Pirate Attacks Off Somalia Coast July 5, 2024 By Simon Marks Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in...
Abandoned Tanker Lavant Has Likely Sunk Off Yemen, Sources Say July 5, 2024 An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three...
Switzerland, EU Restart Financial Market Talks After Long Hiatus July 5, 2024 Switzerland and the European Union resumed talks on financial market regulation on Thursday after dialog was suspended in 2017, the...
Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...
Update: Beryl Rakes Mexico’s Yucatan With Hurricane Winds and Heavy Rain July 5, 2024 By Brian K. Sullivan and Peter Millard Hurricane Beryl pummeled Mexico’s Yucatan Peninsula with tree-toppling gusts and flooding rains, weakening slightly as it came ashore after leaving...
Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union July 5, 2024 By Godfrey Marawanyika Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout...
People Moves: Everest Taps BHSI’s d’Huart as Head of France, Charon Named Head of Client Engmt, Europe; CNA Hardy Promotes Magnus as Active U/W at Lloyd’s July 3, 2024 This edition of International People Moves details appointments at Everest in Europe and CNA Hardy. A summary of these new...