Russian Warship Fires Warning Shots at Cargo Ship in Black Sea August 14, 2023 By Guy Faulconbridge A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made...
People Moves: WTW Hires Bryce From Magnes for Personal Lines, Canada; Markel Taps PwC’s Feng as Warranty & Indemnity U/W; RSA Names Godfrey as Transformation Dir. August 11, 2023 This edition of International People Moves details appointments at WTW, Markel and RSA Insurance. A summary of these new hires...
Antarctica Risks ‘Cascades of Extreme Events’ as Earth Warms: Study August 11, 2023 By Liza Tetley Extreme weather in Antarctica, including ocean heat waves and ice loss, is set to become more intense unless urgent policy...
Growing ‘Greenlash’ Fuels Fears for Europe’s Environmental Ambitions August 11, 2023 By Sarah Marsh, Kate Abnett and Gloria Dickie A growing ‘greenlash’ against Europe’s environmental agenda has not so far derailed its decarbonization plans, but looming elections could put...
Update: Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route August 11, 2023 By Bastian Benrath A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern and Southern...
Ukraine Announces ‘Humanitarian Corridor’ for Ships Stuck in Black Sea Ports August 11, 2023 By Olena Harmash Ukraine announced a “humanitarian corridor” in the Black Sea on Thursday to release cargo ships trapped in its ports since...
Global Insurance M&A Drops Sharply in First Half 2023 August 11, 2023 Regulatory changes and a reduced appetite for insurtechs are driving down insurance carrier mergers and acquisitions (M&A), a new report...
Hedge Fund Manager Loeb Agrees to Hold Off Attempts to Take SiriusPoint Private August 10, 2023 By L.S. Howard Hedge Fund Manager Daniel S. Loeb has agreed he will not make further attempts to take SiriusPoint private for two...
Allianz Q2 Profit Jumps 7.1% on Higher Results from US Life & Health Insurance August 10, 2023 Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from a year...
Zurich Insurance CEO Criticizes Climate Alliances After Exodus August 10, 2023 By Myriam Balezou The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that...