Third Point’s Dan Loeb Wins Vote to Turn London-Listed Fund Into Reinsurer August 15, 2025 By Leonard Kehnscherper Dan Loeb has won a vote to turn his UK investment trust into a life and annuity reinsurance company, defying...
Fire Breaks Out Onboard Maersk Container Vessel off Liberia August 14, 2025 A fire broke out onboard a Maersk container vessel off the coast of Liberia on Wednesday and the crew was...
Deadly Fires Rage in Greece and Spain as Heat Blasts Cyprus August 14, 2025 By Joe Wertz and Paul Tugwell Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation of thousands of residents...
Norway Spy Chief Blames Russian Hackers for Dam Sabotage in April August 14, 2025 By Nerijus Adomaitis Russian hackers briefly took control of a dam in Norway earlier this year, the head of the Nordic country’s counter-intelligence...
Australia Pension Fund Mercer Sued Over Customer Disclosures August 14, 2025 By Amy Bainbridge Australia’s financial regulator is suing A$70 billion ($46 billion) pension fund Mercer Super, accusing it of failing to report multiple...
Swiss Re Sets Up Task Force to Monitor Tariff Impact August 14, 2025 By Noele Illien Swiss Re AG has set up a task force to see how the tariffs installed by the United States against...
Hong Kong Extends Record Rain Warnings as Podul Skirts City August 14, 2025 By Mary Hui Hong Kong’s central business district and outer airport were hit by violent gusts and a deluge of heavy rain on...
Nigeria Gives Insurers a Year to Boost Capital Fivefold August 14, 2025 By Emele Onu Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses....
Shadow Tanker Fleet Grows More Slowly as Western Sanctions Target Russian Oil August 13, 2025 By Jonathan Saul Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous years as the harshest Western...
People Moves: Aon Promotes Shukri as UK Reinsurance Client Services Leader; Blenheim Underwriting Taps Stratton-Thomsett From MS Amlin as Casualty Underwriter August 13, 2025 This edition of International People Moves details appointments at the broker Aon and the Lloyd’s managing agent Blenheim Underwriting. A...