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Heavy rainfall unleashes deadly floods across Southeast Asia
Total number of confirmed dead in Vietnam is now 91.Flooding in...
Tankers rate hit new high amid US sanctions
Figures from analytics firm Kpler suggest that close to 48 million...
Alcohol policies need sharper focus on gender, WHO says
After broad successes in tackling the public health impact of other products like cigarettes, the WHO is increasingly turning its attention to addressing the harms linked to alcohol. It pointed studies that have found the industry increasingly targets women through...
Generali CEO Philippe Donnet targets big insurance deals in Europe
Philippe Donnet,Chief Executive Officer The current takeover planning is focused on Generali’s core European markets and is considering mainly share-based deals, rather than cash. Other targets on its radar include Aegon Ltd, Ageas SA, Baloise Holding AG, Ergo Group,...
Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks
War risk insurance rates have already reflected the sinking of the Rubymar cargo ship, days after being hit by a Houthi missile on Feb 18, and the first fatalities from the True Confidence, said Munro Anderson, head of operations at marine war risk and insurance...
Aon acquires AI-Powered platform to help fleet & mobility clients make better, insight-driven decisions
"It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon DUBLIN: Aon plc, a leading global professional...
Optimism despite disruptive forces in retail sector: WTW’s Global Retail Survey
It is fascinating that despite so much commentary regarding the demise of physical retail, even purely on-line companies, see their future as including some element of physical retail space,Garret Gaughan, Head of Direct and Facultative, at WTW LONDON: Retailers are...
Life protection plan for Indian blue-collar workers unveiled in the UAE
Around 3.5 million Indians reside in the UAE, of which about 65 per cent are blue-collar workers, who form one of the largest groups of migrant workers in the UAE. In 2022, the consulate registered a total of 1,750 death cases, of which around 1,100 were workers...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship
The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...
Lloyd’s of London hits 35% female leadership target, says it has ‘way to go’
Lloyd’s, which employs around 57,000 people in insurance and broking firms and is aiming for gender parity by 2030, said women now made up more than 43% of the 57,000-strong workforce and that 46% of new hires were women in 2023 London: Lloyd’s of London has hit a...
Physician group asks US to make funds available to doctors hurt by Change hack
“Hospitals, pharmacies, and healthcare providers are facing an immediate – and rapidly intensifying – adverse impact on their cash flow and, ultimately, on their financial solvency,” Schumer wrote to CMS Administrator Chiquita Brooks-LaSure Influential U.S. doctors’...
Former Twitter execs sue Elon Musk for over $128 mln in severance
Elon Musk X is already facing a pair of proposed class actions claiming it owes rank-and-file workers who were laid off after Musk’s acquisition at least $500 million in severance, and a third lawsuit by six former senior managers making similar claims. X has denied...