Spike in Piracy in Singapore Strait Prompts Calls for Improved Security January 15, 2020 By Aradhana Aravindan and Roslan Khasawneh Coastal nations around the Singapore Strait must step up surveillance and patrols of the strategic waterway after a sharp rise...
World Economic Forum Sounds Alarms About Climate Change Risks January 15, 2020 By Jill Ward The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term...
Cyber Ranks as Top Peril for Companies Globally for 1st Time: Allianz Survey January 15, 2020 Cyber incidents rank for the first time as the most important business risk globally, pushing the perennial top peril, business...
Lloyd’s Performance Management Director Hancock to Step Down in 2020 January 14, 2020 Lloyd’s announced that Jon Hancock has decided to step down as performance management director in 2020. At the same time,...
Climate Scientists Warn that Australia’s Bushfires Could Become the New Normal January 14, 2020 By Matthew Green Bushfires ravaging Australia have provided a foretaste of the kinds of conditions that could become normal unless the world moves...
BPB UW Management Launches Underwriting Agency as MGA Incubator January 14, 2020 BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is...
Liberty Mutual Re Opens Office in Singapore, Appoints Leong from Aspen Re January 14, 2020 Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, announced it has opened an office in Singapore and...
ArgoGlobal Names Shallow Head of Int’l Specialty, MacDonald Head of Non-U.S. Casualty January 14, 2020 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Jeremy Shallow as head of International Specialty...
Forex Firm Travelex Restores Some Online Services After Ransomware Attack January 14, 2020 Travelex is restoring operations to process foreign exchange orders electronically, it said on Monday, almost two weeks after cyber hackers...
Philippine Volcano Erupts, Forcing Evacuation of Thousands of Residents January 14, 2020 By Andreo Calonzo, Claire Jiao and Ditas Lopez A lock-down is being implemented by police in three towns in the Philippines near an erupting volcano, 40 miles (65...