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Rising civil unrest pushes up SRCC(strikes, riots and civil commotion) claims globally
Claims tied to SRCC — strikes, riots and civil commotion — are...
Spain’s Map Re receives approval for its branch office in India’s GIFT City
“The authorization to operate in India means we’ll be even closer...
Super Typhoon Ragasa barrels through northern Philippines, triggers alerts across Asian region
Packing winds of 215 kph (134 mph) and gusts of up to 295 kph (160 mph), Ragasa slightly intensified as it brushed Babuyan Island and headed for possible landfall over Calayan Island, raising the risk of storm surges exceeding three metres (nine feet), the state...
Walter Voigts-von Forster to lead Munich Re Africa Branch
Walter Voigts-von Forster, CEO-designate, Munich Re Africa Branch Voigts-von Forster will continue to be Head of Non-Life for Munich Re Africa in addition to his CEO responsibility. This appointment is effective from 1 February 2026 and is subject to regulatory...
Cyberattack disrupts check-in systems at major European airports
London Heathrow Airport, Europe's busiest, said a technical issue affected a service provider for check-in and boarding systems However, Indian airports have not faced any adverse impact so far in relation to the cyber attack on systems used at various European...
Howden to acquire Gravitas, to accelerate global Sport & Entertainment capabilities
This announcement follows Howden’s other recent Sport & Entertainment acquisitions across the world, including: UK performing arts insurance broker, Hencilla Canworth; German film and entertainment insurance broker Franz Gossler; and Boni Aldaya, Spain’s leading...
Radian to acquire Inigo for $1.7 billion, to become a global multi-line specialty insurer
The company’s expansion into the Lloyd’s global specialty market follows a strategic review to diversify beyond its traditional mortgage insurance offerings London: -Radian Group today announced that it has entered into a definitive agreement to acquire Inigo Limited,...
Climate change may up health risks, exceed $1.5 trn productivity loss by 2050: Report
“We are entering an era in which protecting worker health is proving essential to business continuity and long-term resilience,” said Eric White, Head of Climate Resilience, World Economic Forum Geneva: The rise in global temperatures is likely to cause severe health...
Gallagher teams up with Vanguard Tech to support clients with maritime risk and security insight
Gallagher can now provide clients with a tool which helps to estimate risk and an in-depth, automated assessment on vessel safety at the outset and throughout its passage, meaning the likelihood of an incident is vastly reduced and insurers receive an added level of...
Asia fraud scheme: ChatGPT was used ‘to help scammers do their thing’
The basic tactic: get the victim to open a crypto account, then have them deposit hard currency into what appeared to be a trading platform – but was actually an account belonging to the scammers Duncan Okindo says he was lured to Southeast Asia last year by the...
Jaguar Land Rover cyberattack fallout hits suppliers
German company Eberspächer Gruppe GmbH & Co., which manufacturers exhaust systems for the British carmaker, was forced to suspend production at its plant in Nitra, Slovakia after the cyberattack more than two weeks ago. Eberspächer is a key supplier to JLR, which...
Tesla settles two lawsuits on 2019 California crashes related to Autopilot software
The settlements come weeks after a Florida jury ordered Tesla to pay $243 million in compensatory and punitive damages to the victims of another fatal 2019 crash of a Model S that was equipped with Autopilot Tesla has reached confidential deals to resolve two lawsuits...