Packing winds of 215 kph (134 mph) and gusts of up to 295 kph (160...
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Walter Voigts-von Forster to lead Munich Re Africa Branch
Walter Voigts-von Forster, CEO-designate, Munich Re Africa Branch...
Cyberattack disrupts check-in systems at major European airports
London Heathrow Airport, Europe's busiest, said a technical issue...
Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence: ABI
Under the Montreal Convention, Singapore Airlines is liable for accidents, which can include turbulence, on international flights regardless of whether the airline was negligent, according to U.S. aviation lawyers Travel insurance policies “will likely” cover injuries...
Earnix highlights the potential of synthetic data in specialty insurance
The increasing demand for data in specialty insurance has prompted underwriters and brokers to begin harnessing synthetic data to supplement existing datasets, improving risk assessment efficiency. This is because synthetic data offers solutions to several key...
Marsh’s Alex Rosati to join as Asian claim head of WTW for its Corporate Risk & Broking business
Alex Rosati In his role with WTW, Alex will focus on all aspects of the firm’s claims proposition, including the development and execution of WTW’s claims management strategy across Asia Singapore: WTW, a global advisory, broking and solutions company, today announced...
Canopius announces Andy Haste as Group Chairman
He has deep insurance expertise; his former roles include group chief executive of RSA Insurance Group, and CEO at AxA Sun Life, as well as serving as senior independent director and deputy Chairman of Lloyd’s for nine years, between 2012 and 2021 London: Canopius, a...
Health sector most at risk from AI-related threats, Swiss Re
Christoph Nabholz, Chief Research & Sustainability Officer at Swiss Re,said: "While IT services are currently the most affected by AI risks as a pioneer in this area, this is set to change as the use of technology becomes more widespread across all industries,...
Oil shipments at risk from rising sea levels, think tank warns
It said 12 out of the top 15 tanker terminals were expected to be impacted by one meter of sea level rise, including five based in Asia. Up to 42% of global crude oil exports from Saudi Arabia, Russia, the United States and the United Arab Emirates were at risk,...
Canada plans harsher laws, equipment bans to fight car theft
Canadian car thefts were a C$1.2-billion ($880 million) “gift” to organized crime in 2022, Brampton Mayor Patrick Brown said at the event Monday Canada’s government is banning key-programming machines and other equipment used to steal cars, while implementing harsher...
China boosts farmer protection with nationwide insurance for major grains
The policy is aimed at improving the level of agricultural insurance protection, stabilizing farmers’ income, supporting the revitalization of rural areas and safeguarding food security, according to a notice released with the Agriculture Ministry and the State...
Singapore Airlines flight makes emergency landing in Bangkok, one dead, 30 injured
The Boeing 777-300ER plane with 211 passengers and 18 crew was headed to Singapore when it made the emergency landing, the airline said in a statement Bangkok: A Singapore Airlines flight from London made an emergency landing in Bangkok on Tuesday due to severe...
New National Health Insurance will not stop private healthcare in South Africa: President Ramaphosa
Cyril Ramaphosa, President,South Africa “The NHI will be a lifeline for millions of poor South Africans whose resources will be freed up for other essential needs. It will also alleviate the burden on those who are increasingly paying more in medical aid premiums for...