War risk rates for a typical seven-day voyage period, which are set...
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Over 1,200 dead from floods in Indonesia, Sri Lanka, Thailand as rescue efforts intensify
The flooding and landslips killed at least 1,230 people, with 659...
Death toll hits 212 as Sri Lanka struggles with Cyclone Ditwah impact
In Indonesia, Malaysia and Thailand the death toll mounted to over...
India’s navy takes control of bulk carrier hijacked by Somali pirates and evacuates crew
Activity from Somali pirates has dropped in recent years, but there has been growing concern it could resume amid the political uncertainty and wider chaos in the region that has included attacks on ships by Yemen’s Houthi rebels New Delhi: The Indian navy said late...
Swiss Re’s Thorsten Steinmann to succeed Michael Pickel at Hannover Re
Thorsten Steinmann joins from Swiss Re, where he was most recently responsible for the reinsurance business in Germany, the Nordics, Austria, Central and Eastern Europe, the Netherlands, and Switzerland Hannover: The Supervisory Boards of Hannover Rück SE and E+S...
European regulator says it would pull Boeing approval if needed
European Union Aviation Safety Agency's (EASA) acting executive director, Luc Tytgat, gave the first public indication that international cooperation underpinning global airplane production was being tested as rarely before by the ongoing crisis over Boeing's...
Chemicals in plastics far more numerous than previous estimates, report says
While the United Nations Environment Programme (UNEP) had previously identified around 13,000 plastic chemicals, the report by a team of European scientists found more than 16,000 chemicals in plastics — a quarter of which are thought to be hazardous to human health...
Class action lawsuits pile up over UnitedHealth data breach
Plaintiffs say that information stored by Change, and now potentially at risk, includes medical records, payment information, names and Social Security numbers. One of the lawsuits says that "information from the data breach is on the dark web and already being...
Lloyd’s to collaborate with Bermuda Monetary Authority to foster innovation and education access
The Lloyd’s Lab programme provides a 10 week fast tracked incubator to enable an environment where great ideas can develop into practical outcomes, with the support of industry experts. The programme sees experienced individuals and teams bring forward creative and...
US House passes TikTok crackdown law
The measure is the latest in a series of moves in Washington to respond to U.S. national security concerns about China, from connected vehicles to advanced artificial intelligence chips to cranes at U.S. ports WASHINGTON: The U.S. House of Representatives...
EU parliament to extend new medicine data protection to 7.5 years, document says
The legislation, proposed by the European Commission in April last year, aims to slash the time it takes to approve new medicines, incentivise production of medicines for antibiotic-resistant bacteria, improve patient access and "future-proof" the rules to account for...
Nord Stream sues insurers in London over 2022 pipeline blasts
Nord Stream AG names Lloyd’s Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London’s High Court last month LONDON: Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in...
Tesla, rivals get low marks for automated-driving technology
The US based IIHS, a safety research arm of the insurance industry, also said there is no evidence that Autopilot or other assisted-driving systems have real-world safety benefits, based on crash data Tesla's Autopilot and Full Self Driving technology and nine other...