Cyclone Mocha Is One of Strongest Storms Recorded in North Indian Ocean May 16, 2023 By Brian K. Sullivan The remnants of Tropical Cyclone Mocha have moved further inland over Myanmar after coming ashore Sunday with winds of 155...
New Zealand Pledges $720M for Cyclone and Flood Recovery May 16, 2023 The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a...
People Moves: Gallagher Re Names Kerton as CEO for UK Region, Succeeding Wakefield; Swiss Re Corporate Solutions Promotes Hall for UK, Ireland, S. Africa, EMEA Wholesale May 15, 2023 This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions. A summary of these...
AXA’s Capital Buffers Beat Expectations as Q1 Sales Rise May 15, 2023 AXA, Europe’s second-biggest insurance company, posted a better-than-expected key capital buffer measure in the first quarter, reassuring investors on its...
Posing as Islamists, Russian Hackers Take Aim at Sweden May 15, 2023 By Jordan Robertson and Niclas Rolander Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with...
EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe May 15, 2023 By Jillian Deutsch and Alberto Nardelli The European Union is weighing a plan that would require cloud providers to store all of their data within the...
Cyclone Mocha Hits Bangladesh, Myanmar, Forcing Mass Evacuations May 15, 2023 By Arun Devnath and Khine Lin Kyaw Cyclone Mocha made landfall on Sunday as Bangladesh and Myanmar evacuated hundreds of thousands of people on fears of widespread...
London Judge Dismisses Lawsuit Accusing Shell Board of Climate Failures May 15, 2023 By William Mathis A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks. In a...
Hedge Fund Manager Loeb Drops Buyout of $1.5B Re/insurer SiriusPoint May 15, 2023 By Ben Scent Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd. Loeb held...
Amsterdam’s Phillips to Pay $62M to U.S. for China Sales Misconduct May 12, 2023 The U.S. Securities and Exchange Commission reported that Amsterdam-based health technology firm Koninklijke Philips N.V. will pay more than $62...