Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes January 31, 2024 Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly...
BMS Re’s CEO Chandler Steps Down to Become Vice Chair; Interim Co-CEOs Named January 31, 2024 BMS Re, the specialty reinsurance arm of global broker BMS Group, announced that Andrew Wheeler and Russ McGuire have been...
UK Navy Warns of Piracy Menace to Ships in Indian Ocean January 31, 2024 By Alex Longley The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of...
Russia Behind Spike in European GPS Jamming, Baltic General Says January 31, 2024 By Ott Tammik and Aaron Eglitis Russia is likely behind an increase in instances of jamming satellite signals used by airlines, smartphones and weapons systems in...
EU Needs Trillions of Investments to Meet 2050 Climate Target: Research January 31, 2024 By Kate Abnett The European Union will need 1.5 trillion euros ($1.6 trillion) per year of investments to meet its 2050 net zero...
Viewpoint: How Corporate Help Desks Became the Weak Spot in Cyber Defenses January 31, 2024 By Jason Rebholz The cyberattack on MGM Resorts in September 2023 provides a vivid example of the effects these types of attacks can...
People Moves: Carbon Names Willetts Head of Specialty; Canopius Hires 4 in Credit & Political Risk Team; BHSI Taps Chaucer’s Merton to Lead UK Customer & Broker Engmt January 30, 2024 This edition of International People Moves details appointments at Carbon Underwriting, Canopius Group and Berkshire Hathaway Specialty Insurance (BHSI) ....
Aviation Sector Sees No Quick Tech Solution to GPS ‘Spoofing’ Interference Problem January 30, 2024 By Joanna Plucinska Global regulators, aviation security specialists and manufacturers failed to reach an agreement on a quick technical fix to the problem...
Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses January 30, 2024 BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution...
Generali to Return €500 Million to Investors in Share Buyback January 30, 2024 By Sonia Sirletti Assicurazioni Generali SpA will return €500 million [$541.4 million] to shareholders, following acquisitions last year that are set to boost...