Allianz to Sell India JV Stake to Local Partner for €2.6 Billion March 18, 2025 By Stephan Kahl Allianz SE has agreed to sell its 26% stake in Indian joint ventures for about €2.6 billion ($2.8 billion) to...
Trump Has Companies in Europe and Asia Walking a DEI Tightrope March 18, 2025 By Siraj Datoo Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and...
Chairman of Gallagher Re International Vickers Announces Retirement March 17, 2025 James Vickers, the chairman of Gallagher Re International, announced he is retiring on May 31, 2025, after 47 years in...
Aon’s President Andersen Steps Down; CEO Case Assumes Additional Role of President March 17, 2025 By L.S. Howard Insurance broker Aon plc announced that Eric Andersen has transitioned from his role as president to serve as a senior...
Peruvian Farmer Takes Germany’s RWE to Court in Landmark Climate Case March 17, 2025 By Riham Alkousaa A Peruvian farmer who says German energy giant RWE’s emissions have contributed to the melting of Andean glaciers, increasing the...
Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation March 17, 2025 Cyclone Alfred will cost Australia’s March 25 budget at least A$1.2 billion [US$759 million], hit growth and put pressure on...
US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals March 14, 2025 By L.S. Howard Reinsurance renewal rates continued dropping during this year’s January renewals, but US property/catastrophe reinsurance pricing is likely to stabilize during...
Four Sailors Involved in Major Singapore Oil Spill Plead Guilty, Straits Times Reports March 14, 2025 By Nicholas Lua Four Dutch crew members involved in a ship collision in Singapore have pleaded guilty for their role in the city-state’s...
China State Firms Curb Russian Oil Imports on Sanctions Risks, Sources Say March 14, 2025 By Chen Aizhu and Florence Tan Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others...
Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says March 14, 2025 By Joe Wertz Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows....