France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal June 26, 2025 By Gilles Guillaume and Makini Brice France is ordering an extra 800,000 cars with Takata airbags to be taken off the road, two weeks after a...
People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO June 26, 2025 The Board of Directors of Covéa Group, the French mutual insurer, has appointed Maud Petit as chief executive officer, while...
EU Revamps Regulations for Expanding Space Market June 26, 2025 The European Commission on Wednesday put forward the EU Space Act, a long-awaited overhaul of regulations affecting its fast-growing space...
Cyberattack on UK Health Firm Contributed to Patient Death June 26, 2025 By Ryan Gallagher A cyberattack that caused disruption at hospitals in London last year contributed to the death of a patient, health officials...
Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO June 26, 2025 By Scott Murdoch Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong...
Heat Wave Threatens Power Output and Wildfires Across Europe June 26, 2025 By Eva Brendel and Joe Wertz Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and...
Howden Gets Regulatory Nod to Launch Reinsurance Unit in Kingdom of Saudi Arabia June 25, 2025 Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom...
AXA Launches Unified Ceded Re Team for Greater Operational Alignment June 25, 2025 AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified...
French Investigators Order Tesla to Stop ‘Deceptive Business Practices’ June 25, 2025 French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in...
Indian Air-Safety Audit Finds Multiple Lapses at Airlines, Hubs June 25, 2025 By Mihir Mishra India’s aviation safety regulator found multiple aircraft-maintenance lapses in an audit of airlines and airports ordered after the crash of...