Westfield Specialty to Launch Luxembourg Subsidiary, Expanding Into Company Market December 11, 2025 Westfield Specialty International announced its intention to expand its business from a Lloyd’s-only vehicle into the company market. Subject to...
AXA Warns on Data Center ‘Gambles’ as Private Credit Risks Rise December 11, 2025 By Claudia Cohen French insurer AXA SA said it’s exercising greater caution on the artificial intelligence build-out when backing financing for the sector,...
Coupang CEO Resigns After Online Retailer Hit by Massive Data Breach December 11, 2025 South Korea’s biggest online retailer Coupang said on Wednesday that CEO Park Dae-jun has resigned, taking responsibility for a huge...
Over 30 Sanctioned Ships in Venezuela at Risk After US Tanker Seizure December 11, 2025 By Marianna Parraga and Jonathan Saul More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized...
US Seizes Sanctioned Oil Tanker Off Coast of Venezuela, Trump Says December 11, 2025 By Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a...
Driverless Taxis Are Heading to UK, but Who’s Liable When Something Goes Wrong? December 11, 2025 By Paurav Shukla and Tugra Akarsu Driverless taxis are a bit like buses. You wait ages for one, and then a fleet arrives all at once....
Viewpoint: Stable Operating Conditions Expected for European Insurers in 2026 December 11, 2025 By Manuel Arrivé, Fitch Ratings and Sabine Bauer, Fitch Ratings Fitch Ratings’ outlook for the EMEA insurance sector is “neutral” for 2026, as Fitch expects the underlying operational and business...
People Moves: Howden Taps Former Gallagher Exec Strickland to Launch Space Insurance Practice; Liberty Promotes Groenen to Head of Portfolio Solutions, Europe December 10, 2025 This edition of International People Moves details appointments at Howden and Liberty Speciality Markets. A summary of these new hires...
Markets/Coverages: MGA Navium Launches Consortium for Pre-Launch Satellite Risks December 10, 2025 Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s Pine Walk platform, announced the launch of the “Constellation...
EU Strikes Deal on Climate Target to Cut Emissions by 90% by 2040 December 10, 2025 By Disha Mishra and Kate Abnett The European Union agreed on Wednesday to set a legally binding climate target to reduce greenhouse gas emissions by 90%...