Europe Warns Airlines on Russia Airspace After Azeri Plane Crash January 10, 2025 By Leen Al-Rashdan The European Union Aviation Safety Agency warned airlines to steer clear of several cities in Russia following the fatal crash...
South Korea Jet Crash Puts Fast-Growing Jeju Air’s Safety Under Scrutiny January 10, 2025 By Hyunjoo Jin and Dan Catchpole Before it suffered the deadliest crash in South Korea’s history, budget airline Jeju Air was moving fast: racking up record...
Update: Hottest Year Ever Sees World Breach 1.5C Global Warming Target January 10, 2025 By Eric Roston Earth’s warming exceeded 1.5C on an annual basis for the first time in 2024, according to three major climate science...
People Moves: WTW Names Wegbrans as Head of Corporate Risk & Broking Europe; Howden Re Taps Aon’s Nicholson, Lockton Re’s Riley for Aviation and Space Team January 9, 2025 This edition of International People Moves details appointments at WTW and Howden Re. A summary of these new hires follows...
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows January 9, 2025 Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines...
Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’ January 9, 2025 By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance January 9, 2025 By Susanne Sclafane Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded...
Broker McGill Offers Property War Reinsurance for Ukraine January 9, 2025 Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday...
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,...