Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal July 24, 2026 By Nao Sano, Stephan Kahl and Manuel Baigorri Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion...
War Risk Insurance Costs Surge for Southern Red Sea Voyages After Houthi Attacks July 23, 2026 By Jonathan Saul The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after Yemen’s Iran-aligned...
Tech Update: Gallagher Enhances Digital Insurance Platform for Aviation Clients July 23, 2026 Insurance broker Gallagher has relaunched its aviation insurance web portal — Jacinth — which provides clients with an interconnected insurance...
Wildfires Force France to Evacuate Tourists From Campsites July 23, 2026 By Nayla Razzouk Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat...
Hacker Breaches South Korean Database of Nearly All Diplomats July 23, 2026 By Mark Anderson South Korea has been hit by a “significant” data leak that could affect all of its diplomats following a breach...
Q2 Global Commercial Insurance Rates Keep Dropping, Except for US Casualty July 23, 2026 By L.S. Howard Global commercial insurance rates dropped by 6%, on average, in the second quarter of 2026, following a 5% decline in...
Sicily’s Cyclone Harry Tests Italian Mandatory Insurance Plan July 23, 2026 By Giselda Vagnoni A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw...
Insurer Rewards Can Boost Climate Resilience Spending, Aon Says July 22, 2026 By Azman Usmani and Ishika Mookerjee Insurers can drive improvements in climate resilience by rewarding companies that invest to protect their businesses, rather than simply penalizing...
UK Lawmaker Lucy Rigby Appointed City Minister in Charge of Financial Services July 22, 2026 New Prime Minister Andy Burnham appointed Lucy Rigby as Britain’s City Minister on Tuesday, putting her in charge of overseeing...
Chicken Back on Menu as Cyber-Hit Nichirei Restores Operations in Japan July 22, 2026 By Eru Ishikawa Tokyo-based food producer and distributor Nichirei Corp. says it will fully resume operations this week after a cyber attack disrupted...