Australia Braces for Worsening Bushfires as National Park Burns December 23, 2024 By Amy Bainbridge Fire restrictions are in place across the Australian state of Victoria as one of its most popular national parks burns...
DHL Plane Crash Black Box Shows No Foul Play, Lithuania Says December 23, 2024 By Ott Tammik Initial findings from the flight recorders of a DHL-operated plane that crashed near Vilnius Airport in November have given no...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion December 23, 2024 By Aaron Kirchfeld Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that...
Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025 December 20, 2024 Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing...
Liberty Mutual Weighs Sale of Thailand, Vietnam Assets December 20, 2024 By Jan-Henrik Förster, Elffie Chew and Manuel Baigorri Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks...
Ships Canceled, Smelter Hit As Mozambique Braces for More Post-Election Disruption December 20, 2024 By Matthew Hill Post-election protests rocking Mozambique since late October have interrupted trade and hampered a major aluminum smelter, with the southeast African...
Self-Proclaimed Bitcoin Inventor Found in Contempt of Court After Lawsuit Loss December 20, 2024 By Eleanor Thornber A computer scientist who falsely claims to be the inventor of Bitcoin was handed a suspended prison termafter being found...
G-7 Considers Options to Harden Price Cap on Russian Oil December 20, 2024 By Ewa Krukowska and Alberto Nardelli Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better...
Singapore’s bolttech, Valued at $2.1 Billion, Raises More Than $100 Million December 20, 2024 By Yantoultra Ngui Singapore-headquartered insurance technology firm bolttech has raised more than $100 million in its latest funding round, led by Dragon Fund...
DARAG Completes Sale of North American and Bermuda Businesses to RiverStone December 19, 2024 DARAG Group, the Malta-based legacy acquirer that focuses on the European market, announced it has completed the sale of its...