Swiss Insurers Helvetia and Baloise to Merge to Create Top 10 Company April 22, 2025 By John Revill Helvetia and Baloise plan to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20 billion...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...
Crime Syndicates in Southeast Asia Go Global, Defying Crackdowns April 21, 2025 By Patpicha Tanakasempipat Cyber crime syndicates that run multi-billion-dollar scam operations across Southeast Asia are still expanding despite recent law enforcement crackdowns, building...
Trump Tariff Worries Spur Record Overseas Demand for Japanese Government Bonds April 21, 2025 By Kevin Buckland The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search...
India Plans to Ease Nuclear Liability Laws to Attract Foreign Firms, Sources Say April 21, 2025 By Sarita Chaganti Singh India is planning to ease its nuclear liability laws to cap accident-related penalties on equipment suppliers, three government sources said,...
People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany April 17, 2025 Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK...
China Bans ‘Smart’ and ‘Autonomous’ Driving Terms From Vehicle Ads April 17, 2025 China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and...
Lloyd’s Broker Charged Over Alleged Ecuador Bribes April 17, 2025 By Lucca de Paoli UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth April 16, 2025 By L.S. Howard The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the...
China to Tighten EV Battery Rules to Reduce Fire and Explosion Risks April 16, 2025 China is tightening regulations on battery-powered vehicles and will require its automakers to comply with higher battery safety standards, aiming...