Israel to Provide $6 Billion War Insurance Cover for Israeli Airlines October 13, 2023 Israel’s parliamentary finance committee approved a plan to provide a state guarantee of $6 billion to cover insurance against war...
Fidelis MGU and Castlelake Launch Aviation-Focused ‘Itasca MGA’ October 12, 2023 Pine Walk Capital Ltd., a specialist MGA platform and wholly owned subsidiary of specialty re/insurer Fidelis MGU, and Castlelake L.P.,...
People Moves: BHSI Taps Allianz’s Fuertes as Head of Energy and Construction in Spain; Allianz Commercial Hires AIG’s Vagenende to Lead New Benelux & Nordic Region October 12, 2023 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Allianz Commercial. A summary of...
Update: Airlines Wrestle With Safety Risks of Evacuation Operations in Israel October 12, 2023 By Anna Ringstrom and Bart H. Meijer Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling...
Promotions, Raises Await Workers Who Come Back to the Office: Canadian CEOs October 12, 2023 By Derek Decloet Top executives at Canadian companies are growing less optimistic that they’ll be able to coax their employees back into the...
Brink’s Sues Air Canada After $17 Million Heist of Gold and Cash October 12, 2023 By Geoffrey Morgan An unsolved $17 million heist of Swiss gold and cash near Canada’s busiest airport has led Brink’s Co. to sue...
Key to Proactive Cyber Security Is Management of Third-Party Vendor Risks October 12, 2023 By Mauro Marongiu The hack of the MOVEit file transfer platform, developed by Progress Software and used by businesses of all sizes, serves...
Airlines Face Israel Insurance Alert in Wake of Weekend Attacks October 12, 2023 By Anna Ringstrom , Bart H. Meijer and Tim Hepher Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM canceling flights...
Shipping Traffic Slows at Israel’s Ports as Insurance Premiums Soar October 11, 2023 By Jonathan Saul and Ari Rabinovitch Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the...
Global Economic Losses From Extreme Weather Could Hit $5 Trillion: Lloyd’s October 11, 2023 Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that...