42% of $44 Billion Global Catastrophe Losses in First Half Were Insured: Swiss Re August 16, 2019 Natural catastrophes and man-made disasters in the first half of 2019 were responsible for USD $44 billion of economic losses...
Insured Losses in China from Typhoon Lekima Will Exceed CNY 6 Billion: AIR August 16, 2019 Catastrophe risk modeling firm AIR Worldwide estimates insured losses in China from Typhoon Lekima will exceed CNY 6 billion. Lekima...
Hacker Attack Causes European Central Bank to Shut Down a Website August 15, 2019 By Francesco Canepa The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with...
London Litigation Funder Burford Alleges Share Manipulation in Attack on Its Accounts August 15, 2019 By Iain Withers and Simon Jessop London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time...
British PM Johnson Targeted by Opposition Campaigns to Block No-Deal Brexit August 15, 2019 By Kate Holton and William James Opposition parties launched rival campaigns to topple Prime Minister Boris Johnson and stop him taking Britain out of the European...
Tropical Storm Krosa Slams Japan, Disrupting Transportation, Factories, Power August 15, 2019 By Dave McCombs and Kantaro Komiya Severe tropical storm Krosa lashed western and southern Japan with torrential rain and wind, causing Japan Airlines Co. and All...
Machines Taking Over Jobs at Giant Copper Mine in Chile August 15, 2019 By Laura Millan Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles...
Emergency Crews From Denmark Helping Greenland with Wildfires August 15, 2019 By Morten Buttler As scientists warn that Greenland is melting at a record pace, the island is relying on emergency services from outside...
Liberty Global Names Singh to Head M&A Transactions Insurance Tax Team in London August 14, 2019 Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the...
Prudential to Complete Split of Insurance, Asset Fund by Year’s End August 14, 2019 By Simon Jessop and Carolyn Cohn Britain’s biggest insurer Prudential will complete a planned break-up of the company by the end of the year, with its...