UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal December 31, 2024 British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7...
Brazil Says Workers at China’s BYD Site Are Victims of Human Trafficking December 31, 2024 By Fabio Teixeira Chinese workers at a construction site in Brazil for a factory owned by China’s electric vehicle producer BYD are victims...
Finland Finds Anchor Drag Marks Left by Tanker That Broke Cables December 31, 2024 By Kati Pohjanpalo Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed likely left by the...
Loss-Free Property Cat Rates Fall 5%-15% as Reinsurer Appetite Grows: Guy Carpenter December 30, 2024 Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of...
Top International Insurance Journal Stories of 2024 December 30, 2024 By L.S. Howard The top 10 most well-read international stories for 2024 covered a diverse range of topics, including nuclear verdicts, Taylor Swift’s...
Update: South Korea Orders Airline Safety Probe After Worst Domestic Crash Kills 179 December 30, 2024 By Ju-min Park and Hongji Kim South Korea’s acting President Choi Sang-mok ordered on Monday an emergency safety inspection of the country’s entire airline operation as...
Cyber Attack on Italy’s Foreign Ministry, Airports Claimed by Pro-Russian Hackers December 30, 2024 Hackers targeted around ten official websites in Italy on Saturday, including the websites of the Foreign Ministry and Milan’s two...
Atos Says Ransomware Group Claims It Compromised a Database December 30, 2024 By Jim Silver Atos SE said a ransomware group called Space Bears claimed on Saturday to have compromised an Atos database.The French technology...
Fiery Plane Crash Kills 179 in Worst Airline Disaster in South Korea December 29, 2024 By Hyunsu Yim, Hongji Kim and Ju-min Park The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off...
Germany’s BioNTech Settles With US Agency, UPenn Over COVID Vaccine Royalties December 27, 2024 BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania...