The new Steering Team for Asia Pacific includes- Tony Lim, CEO of...
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Aon names Anshuman Srivastava as Reinsurance Global Chief Broking Officer
“As we navigate an evolving reinsurance landscape, our clients are...
CyberCube raises over $180 million from investor Spectrum Equity
Pascal Millaire, CyberCube CEO, said: “Cyber has the potential to...
HDI Global launches `Climate Risk Reporting’
The new service from HDI Risk Consulting GmbH, a wholly owned subsidiary of HDI Global SE, not only highlights the severity of climate risks but also provides specific data such as water depths, maximum temperatures, and duration of heatwaves, allowing companies to...
BNP Paribas buys 9% of Ageas from Fosun for EUR730 Mln
“We see the strategic rationale for a combination of banking and insurance, especially in the Belgian market where the savings market favors products in insurance wrappers,” said Johann Scholtz, an analyst with Morningstar BNP Paribas, the euro zone’s biggest bank,...
Hong Kong approves first bitcoin, ethereum spot ETFs
The step comes just three months after the U.S. launched the first U.S.-listed ETFs to track spot bitcoin. The U.S. launch set an example for other regions as it has already drawn roughly $12 billion in net inflows Hong Kong: Hong Kong's securities regulator approved...
Lloyd’s of London inadequate on ESG, Report says
French insurer Axa SA topped the property & casualty league table, while Japan’s Sony Financial Group came bottom London: The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel...
Dearth of mechanics and higher repair costs lead to dip in UK electric car sales
A dearth of mechanics trained to handle the most advanced EV fixes is helping to drive up repair costs, according to insurers and repair companies like the AA, which provides roadside assistance across the UK. Add in expenses like long wait times for replacement...
Israel bracing for potential direct attack from Iran in days
The assault from Iranian soil has emerged as one of the main scenarios expected by the Jewish state and its allies, said the people, who asked not to be identified as they aren’t authorized to discuss the matter publicly. A bombardment with drones and precision...
ANALYSIS-Climate verdict for Swiss women a warning for European states, oil industry
It's "going to have a significant impact on the other pending cases before the European Court," said Tom Cummins, partner at British multinational law firm Ashurst. There are seven lawsuits pending at the ECtHR that rest their argument on the same rights violation...
Lloyd’s announces Dawn Miller as new Chief Commercial Officer and CEO of Lloyd’s Americas
John Neal, Lloyd’s CEO said,“The Americas represents over 60 per cent of our market’s total premium and as we look to increase our presence, it is vital that we have the right people on the ground to deliver our ambitions. The appointment of Dawn and Marc to their new...
Middle East on alert for Iranian attack as Lufthansa suspends Tehran flights
There was no immediate word from other international airlines that fly to Tehran. Iranian air space is also a key overflight route for Emirates' and Qatar Airways' flights to North America.Iranian Supreme Leader Ayatollah Ali Khamenei said Israel "must be punished and...
Apple warns of ‘mercenary spyware attack’ on users in India, 91 other countries
Mercenary spyware attacks are rare and vastly more sophisticated than regular cybercriminal activity or malware, according to the notification email. The iPhone-maker has sent threat notifications such as these multiple times a year since 2021, the notification email...