International & Reinsurance News for May 2026
- People Moves: Aon Announces Leadership Promotions for EMEA and Latin America; Markel International Promotes Rice to Head of Global Development, Trade Credit
- AIG Agrees to Acquire Everest’s Colombian Operations
- World Bank Prices $200 Million Catastrophe Bond for Jamaica
- Starr Europe Insurance Opens Office in Hamburg, Germany
- Pollution From Coal Is Hurting Global Solar Output, Study Finds
- Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan
- UK’s StanChart to Cut Over 7,000 Jobs, Boost AI to Replace ‘Lower-Value Human Capital’
- Business Moves: Vienna Insurance Purchases Nuernberger; Liberty Mutual Raises Stake in India Unit; Aon’s NFP Buys Irish Private Wealth Specialist; Gallagher Buys UK Law Firm
- Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait
- Ebola’s Silent Spread in Congo Exposes Surveillance Gaps
- Iran War Saddles Global Companies With $25 Billion Bill – and Counting
- EY Pays Over £100 Million to Settle NMC Health Legal Claim
- Evergrande Liquidators Seek $8.4 Billion From PwC International in Hong Kong Court
- UK Firms Should Take Steps to Limit Risks From Frontier AI Models, UK Says
- Update: Disaster Resilience Investment Has Hit $100 Billion in Asia
- Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
- Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
- Finland’s First Drone Scare Near Helsinki Disrupts Flights
- Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises
- Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints
- Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
- Brookfield Merges Insurance Unit as Flatt’s Overhaul Takes Hold
- People Moves: Ariel Re Taps Gallagher Re’s Sammons as Active U/W of Syndicate 2006; McLarens Appoints 2 Senior Leaders in Middle East
- US Efforts to End Iran War Stumble as Ship Seized Near UAE
- Viewpoint: Why Speedy Payouts Matter in EU Plan to Close Insurance Protection Gap
- From AirTags to AI Nudification: The Growing Toolkit of Technology-Facilitated Abuse
- Odey Settles Sexual Assault Cases Ahead of London Trial
- UAE-Owned Tanker Leaks Some Fuel off Oman Following Iranian Strike
- ECB Urges Banks to Quickly Prepare for AI-Assisted Cyberattacks
- Tesla Authorized to Test Supervised Self-Driving Software in Belgium
- Typhoon Season in Northwest Pacific Seen Most Active in a Decade
- Supply-Chain Stress That Peaked in COVID Heads Higher Again
- Munich Re Flags Up to €2.5 Billion Private Credit Exposure
- Uncertainty Over Hantavirus Spread Complicates Efforts to Contain Cruise Ship Outbreak
- Viewpoint: Here’s How to Bring Cross-Border Growth, Regional Systems Under Control
- Worst Start to Wildfire Season Raises Alarm as El Niño Threatens
- Polluters to Win Protection Against Legal Action in New Zealand
- Hopes Fade for Iran Peace Deal as Trump Says Ceasefire on ‘Life Support’
- Iran Says It’s Deployed Mini Subs in Contest to Control Hormuz
- Shein Accuses Temu of ‘Industrial Scale’ Copyright Breaches in UK Legal Battle
- Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists
- Hedge Funds Make Their Move as Litigation Finance Assets Slump
- Seoul Condemns Strike on Vessel in Strait of Hormuz as Probe Continues
- Ships’ Signals Go Haywire as Hormuz Strait Tensions Escalate
- Strait of Hormuz Transits Halted Since Tuesday as US, Iran Clash
- US Expects Iranian Response to Peace Proposal on Friday as Fighting Flares Up in Gulf
- Lloyd’s Executives Debate Release of Findings Into Probe of Ex-CEO Neal: FT
- Australia Regulator Calls for Urgent Cybersecurity Action to Counter Mythos
- Sabotage and Cyberattacks Have Put Europe’s Power Networks on Alert
- Mitsui O.S.K. Says its Vessels Did Not Pay Fees Transiting Hormuz
- Health Officials Downplay Pandemic Risk From Cruise Hantavirus Outbreak
- Markets/Coverages: MS Amlin Launches Consortium to Boost Property Treaty Capacity
- Thieves Are Stealing Chile’s Solar Panels and Cashing In on the Black Market
- Iran Sets Out Process for Hormuz Transit But Shipowners Are Wary
- One CMA CGM Vessel Attacked While Transiting Strait of Hormuz, Another Exits Gulf
- EU Countries, Lawmakers Clinch Provisional Deal on Watered-Down AI Rules
- Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition
- Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW
- Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix
- Fatal 2022 China Plane Crash Points to Midflight Fuel Cutoff
- Update: Crew Rescued After Ship With Cargo of Baking Soda Sinks off Greece
- Iran Reviewing US Proposal to End War, Though Key Demands Remain Unaddressed
- FSB Watchdog Flags Risks in Banks’ Growing Private Credit Ties
- Young Europeans Turn to AI Chatbots for Emotional Support, Survey Shows
- New Zealand’s A2 Milk Recalls Batches of US Baby Formula After Toxin Found
- Heat-Trapping Microplastics Found to Play Role in Climate Change
- Insurer QBE Faces Investor Pressure Over Extreme Weather Risks
- Oil Tanker Pricing Feud Embroils Centuries-Old London Market
- Ships Cluster Further From Hormuz Strait as Iran Widens Grip
- Middle East Truce in Doubt as US and Iran Launch New Attacks for Control of Hormuz
- UK Court Orders Samsung to Pay China’s ZTE a $392M Lump Sum After Patent Trial
- Hedge Fund Fermat Invests in First-of-a-Kind Catastrophe Bonds
- US Says it Has Missile Destroyers in Gulf and 2 American Ships Have Crossed Hormuz
- Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says
- China’s Unprecedented Defiance of US Sanctions Triggers Showdown
- Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses
- Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
- People Moves: Howden Re Expands Cyber Reinsurance Team With 5 New Hires; Zurich Promotes McBride to Newly Created Role as Head of International Construction
- Markets/Coverages: Marsh Risk’s D&O Facility Offers Unlimited ‘Any One Claim’ Cover
- Arch Insurance EU Launches Europe Property Operations, While Opening Milan Office
- Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says
- Only Iran-Linked Traffic Moves Through Hormuz Amid Blockades
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