Broker Miller Launches Korean Unit to Aid Asia Expansion January 13, 2025 Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by...
Stricken Oil Tanker Towed to Safety off German Island of Ruegen January 13, 2025 By Angela Cullen An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has...
Yodel Lawsuit Exposes Strains in UK’s Troubled Parcel Industry January 13, 2025 A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating...
Tougher US Sanctions to Curb Russian Oil Supply to China and India January 13, 2025 By Nidhi Verma, Chen Aizhu, Siyi Liu and Florence Tan Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight...
Europe Warns Airlines on Russia Airspace After Azeri Plane Crash January 10, 2025 By Leen Al-Rashdan The European Union Aviation Safety Agency warned airlines to steer clear of several cities in Russia following the fatal crash...
South Korea Jet Crash Puts Fast-Growing Jeju Air’s Safety Under Scrutiny January 10, 2025 By Hyunjoo Jin and Dan Catchpole Before it suffered the deadliest crash in South Korea’s history, budget airline Jeju Air was moving fast: racking up record...
Update: Hottest Year Ever Sees World Breach 1.5C Global Warming Target January 10, 2025 By Eric Roston Earth’s warming exceeded 1.5C on an annual basis for the first time in 2024, according to three major climate science...
People Moves: WTW Names Wegbrans as Head of Corporate Risk & Broking Europe; Howden Re Taps Aon’s Nicholson, Lockton Re’s Riley for Aviation and Space Team January 9, 2025 This edition of International People Moves details appointments at WTW and Howden Re. A summary of these new hires follows...
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows January 9, 2025 Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines...
Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’ January 9, 2025 By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...