AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market July 10, 2025 Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA...
Extreme Weather Could Cause 5% Drop in Euro Zone GDP, Bank Watchdogs Find July 10, 2025 By Virginia Furness Extreme weather events such as heatwaves, flooding and wildfires could wipe as much off euro zone GDP in the next...
Low Water Still Hindering Rhine River Shipping in Germany After Rainfall July 10, 2025 Low water levels following a drought and heatwave in western Europe continue to hinder shipping through the Rhine river in...
M&S Says April Cyberattack Caused by Third-Party Impersonation July 10, 2025 By Jennifer Creery The cyberattack that derailed Marks & Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of...
Qantas Says Passenger Addresses, Meal Choices Among Stolen Data July 10, 2025 By Angus Whitley Qantas Airways Ltd. said personal information belonging to 5.7 million customers, ranging from names and addresses to phone numbers and...
People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Restructures Underwriting Operations, Making Leadership Changes July 9, 2025 This edition of International People Moves details appointments at RiverStone International and MS Reinsurance. A summary of these new hires...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re July 9, 2025 By L.S. Howard Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating...
Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients July 9, 2025 Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders....
Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY July 9, 2025 By Paula Sambo Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to...
Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead July 9, 2025 By Mohammed Hatem and Erik Olsson Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave...