The danger had largely passed more than a day after the 8.8...
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South Africa’s state-owned insurer sets up $1.1 billion riot buffer, to safeguard anticipated future unrest
“All the ingredients for a protest are in place — someone just...
Women-only US dating advice app Tea suspends messaging following breaches
The app—which boasts 4.6 million users—is pitched as a “dating...
Volante Global appoints Demian Smith as new Group CEO
Demian Smith,CEO, Volante Global Smith joins Volante Global from Guy Carpenter where he was Head of Mutual, Agency and Captive Solutions and Co-Head of Strategic Partnerships for the past five years. Prior to Guy Carpenter, Smith was CEO of StarStone Group. LONDON:...
AXA wins $908 million UK court ruling against Santander over protection insurance
AXA sued at London's High Court in 2021 over losses related to over 650,000 individual customer complaints about PPI policies, one of Britain's costliest retail financial scandals, with banks paying out around 40 billion pounds in compensation. LONDON: French insurer...
Russian plane with nearly 50 aboard crash, 48 killed
The plane, whose tail number showed it was built in 1976, was operated by a Siberia-based airline called Angara MOSCOW: Forty-eight people have died in a plane crash in Russia's Far East, the head of the country's Amur region said in a statement Thursday. The An-24...
UN’s top court says failing to protect planet from climate change could violate international law
The case is led by the Pacific island nation of Vanuatu and backed by more than 130 countries The court also said a "clean, healthy and sustainable environment" is a human right. Enshrining a sustainable environment as a human right paves the way for other legal...
Munich Re CFO Christoph Jurecka to become chairman from Jan 1,2026
Jurecka has been with the Group since 2011 and will succeed Joachim Wenning. In 2019, he had joined Munich Re’s Board of Management as Chief Financial Officer (CFO) Munich: Munich Re, the largest international reinsurer, on Wednesday has appointed Christoph Jurecka,...
Singapore says cyber espionage group targeting critical infrastructure
“UNC3886 poses a serious threat to us, and has the potential to undermine our national security,” Coordinating Minister for National Security K. Shanmugam said in a speech. Google-owned cybersecurity firm Mandiant has described UNC3886 as a “China-nexus espionage...
Evidence shows Jeju Air pilots shut off less-damaged engine before crash, source says
The source said the evidence, including the cockpit voice recorder, computer data and a physical engine switch found in the wreckage showed pilots shut off the left engine instead of the right engine when taking emergency steps after a bird strike just before it was...
What’s in the EU’s 18th sanctions package against Russia?
Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
One in five women in WHO Southeast Asia region covered under health insurance study estimates
Researchers from Health Systems Transformation Platform and Population Council Consulting Private Limited, New Delhi, also found that one in four men in the region had health insurance coverage, with the highest prevalence seen in Indonesia at over 56 per cent and...
Air India cockpit recording suggests captain cut fuel to engines before crash, report
India's Aircraft Accident Investigation Bureau (AAIB), which is leading the investigation into the crash, said in a statement on Thursday that "certain sections of the international media are repeatedly attempting to draw conclusions through selective and unverified...