Flooding Damages Bridge on Russia’s Trans-Siberian Railway, Blocking Traffic July 23, 2021 MOSCOW – Flooding has damaged a bridge on Russia’s Trans-Siberian railway in its Far East, suspending traffic in the area,...
London Staff Want Big Pay Raises Before Returning to Their Desks Full-Time: Survey July 23, 2021 By Eamon Akil Farhat London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return...
VW Investors Approve $339M Deal to Settle Diesel-Scandal Claims Against Former Execs July 23, 2021 FRANKFURT – Shareholders in Europe’s largest carmaker Volkswagen on Thursday approved a deal to settle claims against four former executives,...
Insurtech bolttech Acquires i-surance to Help Accelerate Expansion Across Europe July 23, 2021 Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of...
Lloyd’s Council Appoints Guy Carpenter’s Carter as 1st Female Deputy Chair July 23, 2021 Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021. Carter has been an...
Chubb Canada Launches Hub for General Aviation and Non-Major Aerospace Insurance July 23, 2021 Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and...
Cyber Attack Disrupts Container Operations at Major South African Port July 23, 2021 By Zandi Shabalala and Tanisha Heiberg JOHANNESBURG – A cyber attack has disrupted container operations at the South African port of Cape Town, an email seen...
Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase? July 22, 2021 By L.S. Howard With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...
Major Generali Shareholders Plan to Ask CEO Not to Present New Business Plan: Report July 22, 2021 MILAN – Shareholders representing about 16% of Generali are ready to ask the chief executive not to present a 2022-2024...
Hiscox CEO Masojada to Retire at Year End, Succeeded by CFO Hussain July 22, 2021 Specialist global insurer Hiscox announced that after 21 years as group chief executive, Bronek Masojada plans retire at the end...