Four Suspected Houthi Attacks Target Ship Off Yemen, Authorities Say August 12, 2024 By Jon Gambrell Four suspected attacks by Yemen’s Houthi rebels targeted a Liberian-flagged oil tanker in the strategic Bab el-Mandeb Strait linking the...
Ukraine Boosts Grain Exports Despite Intensified Russian Attacks August 12, 2024 By Pavel Polityuk, Jonathan Saul and Tom Balmforth Ukraine is scrambling to ship as much grain as it can this summer, taking advantage of military gains it has...
Generali Profit Falls as Europe Flooding Hurts Non-Life Results August 12, 2024 By Sonia Sirletti Assicurazioni Generali SpA’s second-quarter profit fell 24% from a year earlier, as claims from storms and flooding in Europe weighed...
Germany Is Europe’s Prime Target for Audacious ATM Bombings August 12, 2024 By Karin Matussek In the early morning hours of May 6, 2023, an explosion occurred in a bank in the German town of...
Flight, Voice Data From Brazil Plane Crash Extracted in Probe August 12, 2024 Flight and voice data boxes from a plane that crashed in Brazil have been extracted with “100% success,” a government...
Australian Pensions Industry Boosts Investments in Natural Catastrophe Reinsurance August 12, 2024 By Amy Bainbridge The risks from the growing number of natural disasters offer Australia’s largest pension funds a chance to boost returns. Colonial...
Gallagher Re: Insured Losses From Hurricane Debby to Be ‘Very Manageable’ August 12, 2024 Insurers and reinsurers’ losses from Hurricane Debby are expected to be in the low single-digit billions of dollars, a figure...
Labor Market Study: 14% of Carriers Plan to Reduce Headcounts August 12, 2024 By Allen Laman Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and...
Clashing Risk Predictions Cast Doubt on Black Box Climate Models August 12, 2024 By Eric Roston Many companies offer detailed climate projections tailored to property-level precision. These tools can allow owners and investors to better anticipate...
Debby’s Florida Claims Already Near 12,000 as Yaworsky Says Market Is Strengthening August 12, 2024 By William Rabb The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of...