Tibet Earthquake Kills at Least 126 People, Leaves Many Trapped January 8, 2025 By Ken Moritsugu A strong earthquake shook a high-altitude region of western China and areas of Nepal on Tuesday, damaging hundreds of houses,...
Lloyd’s CEO Neal Appointed Aon CEO of Reinsurance, Chairman of Climate Solutions January 8, 2025 By L.S. Howard Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions,...
South Korea Reviews Airport Runway Walls After Fatal Jeju Crash January 8, 2025 By Heejin Kim South Korea plans to review the concrete walls positioned just beyond the end of some airport runways after an aircraft...
Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs January 8, 2025 By Steven Scheer Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect...
Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says January 8, 2025 Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 7, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted...
Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As January 7, 2025 Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition...
Core Specialty to Purchase London Aviation Underwriters January 7, 2025 Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock...
China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet January 7, 2025 By Phila Siu and Jing Li China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western...
Finland’s Elisa Says Baltic Undersea Cables Were Torn Apart by External Force January 7, 2025 By Isabelle Yr Carlsson Two undersea telecommunications cables that were damaged in the Baltic Sea on Dec. 25 appeared to have been torn apart...