People Moves: AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty; Liberty Specialty Markets Taps Zurich’s Weigel as Head of Multinational, Europe September 15, 2025 This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM). A summary of these...
North Korean Hackers Used ChatGPT to Help Forge Deepfake ID September 15, 2025 By Jane Lanhee Lee A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack...
AMP to Pay $80 Million to Settle Class Action Over Pension Fees September 15, 2025 By Amy Bainbridge AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged...
Catastrophe Bonds Worth $17.5 Billion Land in EU Crosshairs September 15, 2025 By Gautam Naik Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog...
Consilium Expands its Wholesale Presence in Caribbean With Launch of Jamaican Hub September 12, 2025 Consilium, the London-based speciality re/insurance wholesale broker, announced the expansion of its international footprint with the opening of a new...
US Urges G-7 Sanctions on Russian Oil as Trump Loses Patience September 12, 2025 By Alberto Nardelli and Jenny Leonard The US will urge its allies in the Group of Seven to impose tariffs as high as 100% on China...
Hong Kong Boosts Flood Management as Climate Change Fuels Heavy Rains September 12, 2025 By Mary Hui Two years ago, extreme rainfall inundated Hong Kong, turning roads into raging rapids, submerging cars and flooding malls, making it...
Immigration Raid Disruptions Spread, Casting Pall on Korea Investment September 12, 2025 By Hyonhee Shin and Youkyung Lee Fallout from last week’s unprecedented immigration raid at a Georgia battery plant run by two South Korean firms is reverberating...
America’s New EU Ambassador Vows to Fight Red Tape for US Companies September 12, 2025 By Jeff Green The US will defend American companies from digital and environmental regulations taking effect in the European Union that may unfairly...
How Europe Lost an Area the Size of Cyprus to Wildfires This Year September 12, 2025 By Laura Millan and Joe Wertz Patricia Lamela was driving back to the Galician town of Larouco in northwest Spain when she got the call. It...