Markets/Coverages: Marsh Creates Cyber Group Captive for Clients Seeking More Stability in Insurance Programs March 25, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the creation of Edgware Re Ltd., a...
Ageas Says It Won’t Make Third Offer for Direct Line Insurance March 25, 2024 By Michael J.Moore Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were...
Hong Kong Reports Its Highest March Temperature in 140 Years March 25, 2024 By Bei Hu Hong Kong’s temperature on Sunday reached the highest recorded level during the month of March in 140 years, according to...
North Korean Hackers Stalk Crypto Startups Scrimping on Security March 25, 2024 By Anna Irrera and Olga Kharif It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out...
China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case March 22, 2024 By Bloomberg News Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused...
Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted March 22, 2024 By Sam Dagher and Mohammed Hatem The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden...
Tech Update: Aon Launches Climate Risk Monitor to Aid Risk Mgmt, Renewal Decisions March 22, 2024 Insurance broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures...
Apple, Meta, Google to Face EU Digital Markets Act Probes: Sources March 22, 2024 By Foo Yun Chee Apple, Meta Platforms and Alphabet’s Google are set to be investigated for potential violations of the European Union’s Digital Markets...
South African Insurer Discovery in Talks With US Insurers to Expand March 22, 2024 By Adelaide Changole Discovery Ltd., South Africa’s biggest health insurance provider, is in talks with US peers to bring its flagship wellness program...
Red Sea Fighting Traps Two Oil Ships in Houthi Waters March 22, 2024 By Jonathan Saul, Noah Browning and Mohammed Ghobari Two tankers, containing oil and toxic waste, are stuck in the Red Sea in the firing line between Western naval...