South Korea Reviews Airport Runway Walls After Fatal Jeju Crash January 8, 2025 By Heejin Kim South Korea plans to review the concrete walls positioned just beyond the end of some airport runways after an aircraft...
Israel Cyber Firms Raise $4 Billion in 2024 on Surge of Cloud, AI Security Needs January 8, 2025 By Steven Scheer Israeli cybersecurity firms raised $4 billion in 2024, more than double that of 2023, led by firms seeking to protect...
Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says January 8, 2025 Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 7, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted...
Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As January 7, 2025 Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition...
Core Specialty to Purchase London Aviation Underwriters January 7, 2025 Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock...
China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet January 7, 2025 By Phila Siu and Jing Li China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western...
Finland’s Elisa Says Baltic Undersea Cables Were Torn Apart by External Force January 7, 2025 By Isabelle Yr Carlsson Two undersea telecommunications cables that were damaged in the Baltic Sea on Dec. 25 appeared to have been torn apart...
UN Aviation Agency Investigates Reports of Possible Data Breach January 7, 2025 The United Nations’ civil aviation agency is investigating reports of a “potential information security incident” following a claim that tens...
Swiss Insurer Helvetia Said to Mull Sale of German Operations January 7, 2025 By Jan-Henrik Förster and Noele Illien Helvetia Holding AG is considering a sale of its loss-making German insurance operations, according to people familiar with the matter....