The much anticipated ruling centred on whether a trans woman with a...
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Near misses, fatal crashes force airlines to confront US worried fliers
“You shouldn’t be scared to get on an airplane, but you should be...
Challenges from tariff uncertainty likely credit negative for insurers: AM Best
"Insurance companies have financial exposure to public equities —...
QIC Global aligns core companies to assume Antares name
The well-known and well-regarded Antares brand – the name of QIC Global’s London and Asia-based Lloyd’s business – has been chosen to reflect the international nature of the wider group’s client base and global operations. QIC Global is part of the QIC Group, which is...
EU proposes rules making it easier to sue drone makers, AI systems
Under the draft rules, victims can seek compensation for harm to their life, property, health and privacy due to the fault or omission of a provider, developer or user of AI technology, or for discrimination in a recruitment process using AI Users can sue for...
Stellar cast of panellists unveiled for 18th SIRC
Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture, Community and Youth and and Monetary Authority of Singapore Board Member Guest-of-Honour, Alvin Tan, Minister of State, Ministry of Trade and Industry and Ministry of Culture,...
EU scrambles to protect energy infrastructure in response to Nord Stream incidents
Denmark and Sweden on Tuesday said major leaks on the two Nord Stream pipelines in the Baltic Sea were caused by deliberate acts of sabotage carried out in each of the two countries' exclusive economic zones. Neither pipeline was in operation amid an energy standoff...
Losses from Super Typhoon Nanmadol expected to be manageable for Japan Insurers
Secondary perils such as hurricane-induced flooding, storm surges and landslides are not modeled to the same extent as primary perils, and loss creep was an issue for insurers after 2018’s Typhoon Jebi HONG KONG: Given Super Typhoon Nanmadol’s reduced strength upon...
Gas leaks in Russian pipelines to Europe stoke sabotage fears
Sweden's Maritime Authority issued a warning about two leaks in the Nord Stream 1 pipeline, the day after a leak on the nearby Nord Stream 2 pipeline was discovered that prompted Denmark to restrict shipping and impose a small no fly zone STOCKHOLM/COPENHAGEN: Europe...
Crop insurance startup PlanetWatchers raises $11m, provides crop insights regardless of weather and lighting conditions
PlanetWatchers is a world-leading technology company that uses advanced machine learning to support crop insurers and the agricultural industry in verifying cover crops, tillage, planting dates, acreage, crop classification and weather damage at scale London:...
Global financial firms review risks of doing business in China over Taiwan tensions, political risk premium jumps more than 60%
Global insurers, meanwhile, are backing away from writing new policies to cover firms investing in China and Taiwan, and costs for political risk coverage have soared more than 60% since Russia’s invasion of Ukraine Insurers are underwriting new policies, but...
Marsh McLennan announces John Q. Doyle to succeed Daniel S. Glaser as President and CEO
John Q. Doyle,President and Chief Executive Officer, Designate, Marsh McLennan Doyle has served as Group President and Chief Operating Officer of Marsh McLennan since January 2022, and prior to that was President and CEO of Marsh, the Company’s risk advisory and...
WTW and University of Cambridge launch first ever Airport Risk Index
Ultimately, with the Airport Risk Index framework, airports will be able to reassure governments, regulators, investors, insurers and business partners that they have a renewed understanding of their risks and the necessary mitigation strategies LONDON: WTW and the...