UK Insurer Aviva Eyes Lloyd’s of London Entry, Posts Above-Forecast H1 Profit August 16, 2023 By Carolyn Cohn Aviva posted an above-forecast rise in first-half operating profit on Wednesday, helped by strong performance in general and health insurance,...
Broken Wheel Causes Derailment of Train Blocking Swiss Tunnel August 15, 2023 By Paula Doenecke and William Wilkes The derailment that blocked the Gotthard tunnel in Switzerland last week was caused by a broken wheel on the freight...
Markets/Coverages: Chubb Launches Vehicle Tracking System in UK to Stymie Car Theft August 15, 2023 Chubb has launched a vehicle tracking system in the UK to help protect the insurer’s customers from car theft. With...
2023 Summer Heatwaves – Insights on Heat Stress in a Changing Climate: RMS August 15, 2023 By Matthew Couldrey, Shree Khare, Robert Muir-Wood and Keven Roy Executive summary: Climate change, caused by human activity, is already leading to an increase in the frequency and severity of...
What Are China’s ‘Sponge Cities’ and Why Aren’t They Stopping Urban Floods? August 15, 2023 By David Stanway China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well...
El Niño Expected Between September and November: Australian Weather Bureau August 15, 2023 Australia’s weather bureau said on Tuesday the El Niño weather event, associated with hotter, drier weather, was likely to hit...
Typhoon Lan Grounds Flights, Halts Trains as It Crosses Japan August 15, 2023 By Nicholas Takahashi Typhoon Lan reached the coast of central Japan early Tuesday, grounding flights and halting trains as residents braced for heavy...
Ships Remain Backed Up in Black Sea Lanes as Russia Warning Shots Raise Tensions August 15, 2023 By Jonathan Saul Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid...
Fintech Vesttoo Seeks Chapter 11 Bankruptcy Protection August 15, 2023 Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal...
Arthur J. Gallagher & Co. Acquires Canadian Consultant Horn August 14, 2023 Arthur J. Gallagher & Co. announced the acquisition of Toronto, Ontario-based A.H. Horn and Associates Ltd. (which does business as...