Clear Group Acquires UK Specialist MGA, Profile Risk Solutions July 28, 2023 The Clear Group, the London-based independent broker, announced the acquisition of a specialist commercial lines managing general agent, Profile Risk...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...
Update: Typhoon Doksuri Roars Into China, Destroying Power Lines, Closing Factories July 28, 2023 By Bernard Orr and Yimou Lee Typhoon Doksuri swept into southern China on Friday, unleashing heavy rain and violent gusts of wind that whipped power lines...
Ship Carrying BMWs and Mercedes Ablaze Off Dutch Coast Could Burn for Days July 28, 2023 By Cagan Koc and Wilfried Eckl-Dorna A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the...
Barclays Banker Fired Over Sexual Harassment Loses $770,000 Employment Suit July 28, 2023 A former Barclays director who was fired for sexual harassment has lost an employment lawsuit against the British bank in...
Inside EU, No Clear Financial Options Exist to Reduce Ukraine Grain Transport Costs July 28, 2023 By Julia Payne and Max Hunder The European Commission has no immediate money in the budget and no clear way to help finance the extra transport...
Update: Greece Fights Almost 200 Wildfires as Wind Raises Risk in Mediterranean July 27, 2023 By Eamon Akil Farhat and Paul Tugwell Greece is fighting almost 200 wildfires as strengthening winds put a sting in the tail of the Mediterranean’s fading heat...
Typhoon-Prone Philippines Seeks New Insurance After Lapse of Catastrophe Bond July 27, 2023 By Ditas Lopez The Philippines, recovering from damage wrought by Typhoon Doksuri, is seeking a new insurance plan as protection against future calamities...
Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home July 27, 2023 By Gloria Dickie The number of court cases related to climate change has more than doubled in five years as impacts ranging from...
Update: China Girds for Typoon Doksuri as Death Toll Rises in Philippines July 27, 2023 By Sing Yee Ong and Andreo Calonzo China canceled dozens of flights and trains in preparation for Typhoon Doksuri, which has shuttered much of southern and eastern...