Marsh McLennan said it expects the deal, struck through its Marsh...
Category:
International News
Latest
California sues Exxon over global plastic pollution
California Attorney General Rob Bonta said the state sued Exxon...
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota suspended some forklift sales in Japan in March 2023 because...
With 1.3 million annual road deaths, UN wants to halve number by 2030
With a notable funding gap in most countries, 90% of road deaths happen in low and middle-income countries. UN: Road accidents are still responsible for 1.3 million annual deaths and 50 million injuries all over the world, but the United Nations has a Global Plan to...
Australian watchdog sues supermarket chain Coles over staff underpayments
In a raft of allegations against one of the country's biggest employers, the Fair Work Ombudsman (FWO) said Coles underpaid 7,812 employees by A$115.2 million ($81.99 million) between January 2017 and March 2020. "Businesses paying annual salaries cannot take a...
GSK says tests show antibody drug works against Omicron variant
In a statement, the British drugmaker said that lab tests and a study on hamsters have demonstrated the sotrovimab antibody cocktail to work against viruses that were bio-engineered to carry a number of hallmark mutations of the Omicron variant. London:...
China updates risk management rules for insurance groups
The move is aimed at curbing risk in the sector and pushing insurance groups "to focus on the core business, strengthen their equity investment management … and to curb disorderly expansion of capital," the China Banking and Insurance Regulatory Commission (CBIRC)...
Globally, 300,000 children were newly infected with HIV in 2020: UNICEF
Alarmingly, 2 in 5 children living with HIV worldwide do not know their status, and just over half of children with HIV are receiving antiretroviral treatment (ART). Some barriers to adequate access to HIV services are longstanding and familiar, including...
Howden acquires Hong Kong based Expat Marine
Julian Franzman, Regional Head of Howden Marine Specialty, noted: “This acquisition will strengthen our overall offering for our marine clients in Hong Kong, and reiterates Howden’s ongoing strategy of empowering local teams to partner with culturally-aligned...
Gallagher Completes Acquisition of WTW’s treaty reinsurance operations
Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate 2400 colleagues ROLLING MEADOWS: Arthur J. Gallagher & Co, the third largest international...
SCOR strengthens its COMMITMENT for BIODIVERSITY Preservation
Laurent Rousseau, Chief Executive Officer, SCOR “Biodiversity loss threatens the health of the planet and has the potential to greatly disrupt society. Joining act4nature demonstrates SCOR’s commitment to help manage this risk and develop new solutions to protect...
Zurich introduces vehicle protection products for eVs
An electric vehicle operates on an electric circuit run by computers. Repairs on items such as an electronic display screen can cost thousands of dollars. A high-voltage battery is one of the most expensive components in an EV with average replacement costs of $5,500....
BioNTech CEO says Current Covid vaccines can likely protect from omicron, prefers 3rd booster shot
BioNTech SE Chief Executive Officer Ugur Sahin The comments from the chief of BioNTech, Pfizer Inc.’s partner on the Covid vaccine, add to a growing range of views from vaccine developers on the efficacy of their shots against the new variant. Amid a shortage of hard...