Fires From 2023, Smoldering Under Snow, Reveal Canada’s Dangerous New Reality March 27, 2024 By Thomas Seal and Robert Tuttle As skiers glide down the slopes of British Columbia’s Whistler Mountain and ice fishers drop their lines into frozen lakes...
UK Stands to Lose 8 Million Jobs From AI, Analysis Warns March 27, 2024 By Irina Anghel As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current government...
Titanic Law Helps Ship Owner Limit Bridge Collapse Liability March 27, 2024 By Ethan M Steinberg, Chris Dolmetsch and Matthew Griffin The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage...
People Moves: Everest Promotes Williamson to Lead Global Re/Insurance Businesses March 26, 2024 Everest Promotes Williamson to Lead Global Re/Insurance Businesses Everest Group Ltd., the Bermuda-based property, casualty, and specialty re/insurer, announced that...
The New Norm? Global Insured Losses for Nat Cats Keep Breaking Records: Swiss Re March 26, 2024 By L.S. Howard Global insured losses from natural catastrophes in 2023 totaled $108 billion, exceeding US$100 billion for the fourth consecutive year –...
Hannover Re Combines Cyber, Digital Underwriting Expertise in New Reinsurance Unit March 26, 2024 Hannover Re will combine its global business in the areas of cyber and digital, creating a new specialty reinsurance business...
Markets/Coverages: Marsh Launches Global Facility Providing Cover up to $825M for Digital Asset Custodians March 26, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the launch of an insurance facility for...
US, UK Accuse China of Cyberespionage That Hit Millions of People March 26, 2024 By James Pearson, Raphael Satter and Christopher Bing U.S. and British officials on Monday filed charges, imposed sanctions, and accused Beijing of a sweeping cyberespionage campaign that allegedly...
People Moves: BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division; Newline Opens Sydney Office, Hiring Beswick as Head of Professional Indemnity March 25, 2024 This edition of International People Moves details appointments at the broker BMS Group and the re/insurer Newline Group. A summary...
Russia’s Oil Is Finally Getting Snarled by Sanctions March 25, 2024 By Rakesh Sharma, Grant Smith and Julian Lee The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil...