Severe Convective Storms Top Insured Natural Disaster Losses in H1: Swiss Re August 9, 2023 By L.S. Howard Global natural catastrophes cost insurers US$50 billion in the first half, (H1 2022: $48 billion), with most of the losses...
Meta Platforms Seeks to Stop Privacy Breach Fine in Norway August 9, 2023 By Gwladys Fouche Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed on the...
Black Sea Exporters Struggle to Clear Danube Shipping Backlog August 9, 2023 Dozens of ships are backed up around critical Danube arteries close to Ukraine’s river gateways days after Russian drone attacks...
Severn Trent Faces First UK Class Action Suit Over Sewage Pollution August 9, 2023 By Katharine Gemmell Severn Trent Plc faces an environment class action lawsuit in London over allegations it abused its dominant position in the...
UK’s Voter Register Was Hacked. No One Noticed for 15 Months. August 9, 2023 By Alex Wickham Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said, raising questions about data...
Russia Turns to ‘Shadow Fleet’ to Move Grain, as Its Shipping Challenges Grow August 9, 2023 By Jonathan Saul and Nigel Hunt Russia’s lack of ships and Western grain traders’ shrinking appetite for business with Moscow are adding to rising costs of...
Bermuda Weighs Corporate Tax as Part of Global Minimum Tax Drive August 9, 2023 Bermuda on Tuesday took steps toward adopting a corporate income tax as part of a move alongside nearly 140 other...
People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine August 8, 2023 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy. A...
Insured Loss Estimate for Turkey Earthquake Rises to US$3.4 Billion: PERILS August 8, 2023 The third loss estimate for the Kahramanmaras Earthquake Sequence, which hit large parts of south-central Turkey and neighboring Syria on...
More ESG Lawsuits on the Horizon as Investors Jump on UK Law August 8, 2023 By Natasha White Investors are becoming more emboldened to file legal challenges against companies for their net zero claims, approaches to governance and...