Flood-Prone New Zealand Says It Needs to Adapt to Climate Extremes January 30, 2025 By Tracy Withers New Zealand plans to introduce legislation before the end of the year that will create a framework to help communities...
People Moves: Patel Named Chair of Canopius Managing Agents, Succeeding Meader; Evolin Broking Taps Downing From Miller to Launch Construction Division January 29, 2025 This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. A summary of...
US, UK Ships Return to Red Sea After Houthis Vow to Hold Fire January 29, 2025 By Patrick Sykes British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks...
Tech Update: Aventum Invests $12 Million to Create Proprietary Tech Function January 29, 2025 Aventum, the London-based international re/insurance group, is investing $12 million over two years to create an inhouse proprietary tech function...
Fire Destroys Air Busan Plane in South Korea, All 176 Evacuated January 29, 2025 By Heejin Kim and Soo-hyang Choi A fire broke out on a plane operated by Air Busan Co. at a local airport in South Korea late...
Climate Change Will Lead to Higher Deaths in Europe, Study Shows January 29, 2025 By Olivia Rudgard As Europe gets hotter, more people are expected to die from extreme heat, outweighing the reduction in those killed by...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution January 28, 2025 DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive...
Crew Abandon HK-Flagged Container Ship in Red Sea After Fire: Sources January 28, 2025 The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught...
Everest Group Boosts Casualty Loss Reserves $1.7 Billion January 28, 2025 By Susanne Sclafane Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7 billion...
Storm Triggers Worst Floods in 40 Years in Northwest France January 28, 2025 By Joe Wertz and Nayla Razzouk Storm Herminia triggered the worst flooding in four decades in parts of northwest France and created dangerous avalanche conditions in...