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Howden Re makes 3 sr appointments for China market

Howden Re makes 3 sr appointments for China market

by AIP Online Bureau | Jun 24, 2026 | Intermediaries, International News, Non-Life

This is the latest in a series of senior hires reinforcing Howden Re’s commitment to Hong Kong and China as a strategic focus for Howden Re as it continues to build specialist capabilities across the Asia-Pacific region. London: Howden Re, the global reinsurance,...
Tesla faces lawsuit after car using driver-assistance software crashes into home, killing woman

Tesla faces lawsuit after car using driver-assistance software crashes into home, killing woman

by AIP Online Bureau | Jun 24, 2026 | International News, Non-Life, Reinsurance, Technology

The electric-vehicle maker’s automated technology failed to detect the end of the roadway and stop before slamming into a brick house, according to the lawsuit filed Tuesday in Texas state court. The complaint also includes a claim of deceptive marketing against the...
Allianz warns of significant marine claims from Iran conflict

Allianz warns of significant marine claims from Iran conflict

by AIP Online Bureau | Jun 24, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Clearly, loss of life and property damage – in terms of both vessels and their cargo – are the main causes to date,” said Regis Broudin, global head of marine claims at Allianz Commercial. The insurance industry is set to face significant claims for ships that were...
UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai

UK based re/insurance broker BMS sets up Global Capability Centre in Mumbai

by AIP Online Bureau | Jun 24, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance

Nick Cook, Group CEO, said: “The opening of our GCC in Mumbai is more than an operational milestone. It is a platform for building the data and AI capability that will help BMS serve clients better and compete more effectively. India has extraordinary professional...
Warming Pacific fuels fears of powerful El Niño event

Warming Pacific fuels fears of powerful El Niño event

by AIP Online Bureau | Jun 23, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

El Niño is a naturally occurring climate phenomenon that can cause drenching rains in one part of the world and drought in another. Scientists identify it by looking at deviations in temperature levels in the Pacific Ocean, most commonly in a region known as Niño 3.4....
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