Qantas Airways Fined $59M for Illegal Pandemic Layoffs August 19, 2025 By Rod McGuirk A judge on Monday fined Qantas Airways 90 million Australian dollars ($59 million) for illegally firing more than 1,800 ground...
Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies August 19, 2025 Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product,...
Mumbai Drenched by More Rain as Highest Alert Issued for City August 19, 2025 By Atul Prakash Mumbai is facing more heavy rain after a deluge that’s delayed flights, disrupted train services and closed schools, with India’s...
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best August 18, 2025 By L.S. Howard Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17...
Maersk Contains Fire Onboard Vessel off Liberia, Intensifies Firefighting Efforts August 18, 2025 Danish shipping company Maersk said on Monday that a fire that broke out onboard the vessel Marie Maersk off Liberia...
Northern China Flash Flood Kills 10, Xinhua Reports August 18, 2025 At least 10 people died in a flash flood in northern China, state media reported on Sunday [Aug. 17], with...
No End in Sight to Plastic Pollution Crisis as Treaty Negotiations in Geneva Fail August 18, 2025 By Jennifer McDermott Negotiations to reach a major treaty to end growing plastic pollution around the world fell apart on Friday [Aug. 15],...
Google Agrees $36 Million Fine for Anti-Competitive Deals With Australia Telcos August 18, 2025 By Byron Kaye and Himanshi Akhand Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it...
Update: Hurricane Erin Strengthens, Threatens US East Coast With Rough Surf August 18, 2025 By Brian K. Sullivan and Lauren Rosenthal Hurricane Erin will likely become even larger as it churns past the Bahamas, avoiding land but raising the risk of...
Banking’s Ailing Climate Coalition Loses Ground in Europe August 15, 2025 By Alastair Marsh Inside the world’s largest climate coalition for banks, there’s speculation that an exodus led by Wall Street could be about...