UK’s Direct Line Group Names Aviva’s Winslow as Group Chief Executive Officer August 30, 2023 UK insurer Direct Line Group announced that Adam Winslow has been appointed as chief executive officer, subject to regulatory approval....
Car Premiums to Rise Again as British Insurers Feel the Heat August 30, 2023 By Irina Anghel and Laura Benitez Motorists in Britain should brace for another year of steep insurance rises as providers confront cost pressures, industry figures have...
Lufthansa Weighs Sale of Aviation Insurance Broker, Insurer: Sources August 30, 2023 By Jan-Henrik Förster, Eyk Henning and Siddharth Philip Deutsche Lufthansa AG, the German airline, is looking to sell its insurance brokerage unit Albatros and insurance business Delvag, according...
Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P August 29, 2023 By L.S. Howard More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according...
Howden’s Aston Lark Acquires UK Broker Curtis Marine August 29, 2023 Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the...
Removing Fukushima’s Melted Nuclear Fuel Will Be Harder Than Wastewater Release August 29, 2023 By Mari Yamaguchi At a small section of the Fukushima Daiichi nuclear plant’s central control room, the treated water transfer switch is on....
El Niño Likely to Develop Between Sept and Nov, Australian Weather Bureau Says August 29, 2023 By Peter Hobson Australia’s weather bureau said on Tuesday that sea surface temperatures in the tropical Pacific were rising and an El Niño...
Hundreds of P&O Cruise Passengers Flown Home After Tanker Crash August 29, 2023 By Linda Lew Hundreds of passengers on a P&O cruise ship that crashed into an oil tanker during a storm in Spain have...
Toyota’s Japan Production at Standstill as System Failure Hits All 14 Assembly Plants August 29, 2023 By Satoshi Sugiyama Toyota Motor Corp. on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due...
TEPCO Says Seawater Radioactivity Below Detectable Limits After Fukushima Release August 28, 2023 By Sakura Murakami and Kantaro Komiya Initial tests showed seawater radioactivity to be below detectable levels after the release of treated radioactive water from Japan’s Fukushima...