UK Air-Traffic Outage Caused by Radar Canceled 150 Flights July 31, 2025 The air-traffic control outage that disrupted UK flights on Wednesday afternoon was caused by an unspecified radar-related issue, leading to...
Luxembourg Probes Possible Wrongdoing Tied to China CO2 Credits July 31, 2025 By Natasha White and Petra Sorge Luxembourg authorities are looking into possible wrongdoing tied to carbon-credit projects based in China that have been tapped by European...
Markel Insurance Selling Reinsurance Renewal Rights to Nationwide July 31, 2025 Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book to Nationwide,...
US Property-Focused-MGA Avatar Launches in UK, Led by Clapham From Aon July 31, 2025 Avatar MGA Ltd., a next generation managing general agent (MGA), has received Lloyd’s coverholder and UK regulatory approval to begin...
Viewpoint: Green Technologies Bring New Property Risks – and Opportunities July 31, 2025 By Charles Tinworth From roof-mounted solar panels and automated warehouses to electric vehicle depots, green technologies are transforming commercial property risk profiles. While...
People Moves: LSM Hires Nelson, Ciraci and Prout to Boost Renewables Offering; BMS Promotes Wookey to Managing Director, Bermuda Product Line Development July 30, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets and the broker BMS. A summary of these...
South African State Insurer Builds $1.1 Billion Riot Buffer July 30, 2025 South Africa’s state-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years...
Huge Quake Rocks Russia’s Far East, Triggering Tsunami Warnings Around Pacific July 30, 2025 A very powerful magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka coast on Wednesday triggered tsunami warnings as far away...
Air India Audit Finds 51 Safety Lapses, From Unapproved Simulators to Training Gaps July 30, 2025 By Aditya Kalra and Abhijith Ganapavaram India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for...
Update: Shanghai Evacuates 280,000 Residents as Tropical Storm Arrives July 30, 2025 By Bloomberg News Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm crossed China’s financial hub, bringing strong winds...