South Korea Fines Coupang Record $409 Million for Data Breach June 12, 2026 By Jaehyun Eom and Shinhye Kang A South Korean regulator fined the country’s largest e-commerce platform, owned by US-listed Coupang Inc., a record 624.7 billion won...
People Moves: Willis Re Names Former Guy Carpenter Exec Fletcher as CEO of Bermuda; Aon’s Reinsurance Solutions Announces Retirement of Thofern as CEO for Germany June 11, 2026 This edition of International People Moves details appointments at Willis Re and Aon’s Reinsurance Solutions business. A summary of these...
Markets/Coverages: Westfield Specialty Launches UK & Europe Liability Portfolio June 11, 2026 Westfield Specialty Launches New UK/Europe Liability Portfolio, Hiring 2 Execs From Everest Westfield Specialty International has expanded its casualty offering...
MFS Collapse Triggers Probe Into Failed UK Lender’s Auditors June 11, 2026 By Donal Griffin and Lucca de Paoli The UK’s audit watchdog is probing accountancy firms linked to Market Financial Solutions Ltd., the mortgage lender backed by multiple...
Trump Says US Will Hit Iran ‘Very Hard Tonight,’ Wants Control of Energy Infrastructure June 11, 2026 By Parisa Hafezi, John Irish and Susan Heavey President Donald Trump said on Thursday the United States would hit Iran “very hard tonight” and wanted at some point...
China Evergrande’s Liquidation Prompts Some PwC Partners to Weigh Shielding Assets June 11, 2026 By Trista Xinyi Luo, Pearl Liu and Kiuyan Wong The liquidation of China Evergrande Group, the collapsed property developer, is raising concerns among some partners at its former auditor...
Indian-Crewed Tanker Hit off Oman in Suspected Third US Strike This Week June 11, 2026 India’s shipping ministry said all 20 Indian crew members were safe after a suspected U.S. strike on the asphalt tanker...
Viewpoint: Insurers Seek to Navigate Cost of Capital Hurdles to Better Fund Their Futures June 11, 2026 By Larissa Knepper - CreditSights It was an eventful first quarter, with the Iran conflict co-mingling with market concerns over the private credit exposures held...
Oil Tankers Go Dark to Sneak More Barrels of Oil Through Hormuz June 10, 2026 By Weilun Soon, Salma El Wardany, Prejula Prem and Alex Longley Off the coast of Oman over the weekend, 16 tankers clustered together to transfer millions of barrels of oil that...
People Moves: Willis Re Taps Carpenter’s Summers as CEO of Global Specialties; Arch Names Felisky as Chair of Arch Insurance (UK) and Arch Managing Agency June 10, 2026 This edition of International People Moves details appointments at Willis Re and Arch Insurance International. A summary of these new...