India Braces for Second Severe Cyclone in 10 Days May 24, 2021 By Pratik Parija India braces for the second severe storm in about 10 days, with authorities in the eastern region preparing to evacuate...
Bank of England Plans to Nudge Companies to Cut Greenhouse Gas Emissions May 24, 2021 By David Milliken LONDON – The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of...
Hack of Leading Japanese Dating App Could Expose Personal Data of 2 Million Users May 24, 2021 By Shoko Oda A leading Japanese matchmaking app was hacked, likely exposing the personal information of more than 1.7 million account holders, in...
Canada Faces Mega-Hurricanes if Climate Change Pushes Storms North: Swiss Re Warns May 21, 2021 By Danielle Bochove Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses...
Irish Health Service Hackers Offer Decryption Key – but $20M Ransom Demand Remains May 21, 2021 By Ryan Gallagher and Peter Flanagan A day after threatening to publicly release patient data, the hackers who targeted Ireland’s health service offered a decryption key...
Africa Specialty Risks Launches Mauritius Reinsurer, Backed by PE Firm Helios May 21, 2021 Africa Specialty Risks (ASR), a reinsurance managing general agent focused on the African corporate and specialty market, announced it has...
Italy Probes Alleged Cartel Among Auto Insurers, Including Allianz Direct, Zurich May 21, 2021 MILAN – Italy’s antitrust watchdog said on Friday it had opened an investigation into an alleged cartel among insurance companies...
Australia Bushfire Funding ‘Welcome’ but Insurance Tax Rise ‘Unsustainable’: ICA May 21, 2021 The Insurance Council of Australia (ICA) welcomed the budget announcement from the state of Victoria of funding of A$517 million...
Europe’s Aviation Regulator Says Flying Taxis Could Be Airborne by 2024 or 2025 May 21, 2021 By Tim Hepher PARIS – Europe could see the first flying taxis enter service as early as 2024, the region’s top aviation regulator...
People Moves: WTW’s Harvey to Acrisure Re; Fidelis’ Clapham to IGI; AXA XL’s Paeßens to Liberty Specialty Markets; Leggett Is CEO of Sedgwick Ireland May 20, 2021 This wrap-up of international People Moves details recent appointments at Acrisure Re; International General Insurance; Liberty Specialty Markets and Sedgwick....