The proceeds will be injected into state-controlled firms including...
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Geopolitical tensions raise emerging market credit risks in 2026
``Potential pressures stemming from geopolitical events are among...
SCOR strengthens cyber capabilities by partnering with Baobab Insurance
SCOR has partnered with German digital risks MGA Baobab Insurance...
Chubb appoints Janene Blizzard as Head of Accident & Health for Asia Pacific
Based in Singapore, Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a matrix reporting line to Daniela Hernandez, Division President for International A&H, Overseas General Insurance Singapore: Chubb announced today the appointment of...
Swiss Re appoints Bernhard Kaufmann Group CRO as Patrick Raaflaub retires
Prior to this role, Bernhard Kaufmann was Chief Risk Officer at NN Group and held various senior leadership roles at Munich Re Group, most recently as Group Chief Risk Officer Zurich: Bernhard Kaufmann has held Chief Risk Officer positions in the re/insurance industry...
Asian scam operations are spreading across the rest of the world, UN researchers warn
UNODC estimates that hundreds of industrial-scale scam centers generate just under $40 billion in annual profits BANGKOK: Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe in response to...
Snow persistence in Hindu Kush hits 23-year low south Asia’s water security at risk: Report
``To tackle this regional snow crisis and the challenges it creates for long-term food, water and energy resilience, we urgently need to embrace a paradigm shift toward science-based, forward-looking policies and foster renewed regional cooperation for transboundary...
First shockwaves of Trump’s trade tariffs about to hit global economy
“Our new growth projections will include notable markdowns, but not recession.We will also see markups to the inflation forecasts for some countries. We will caution that protracted high uncertainty raises the risk of financial-market stress.”,” IMF Managing Director...
Lloyd’s broker UIB charged by UK over alleged Ecuador bribes
UIB sold reinsurance services to state-backed insurers covering parts of the Ecuadorian public sector, including the state water and electricity companies between 2013 and 2016, the SFO said. The broker is accused of £3 million to intermediaries who then bribed an...
Google holds illegal monopolies in ad tech, US judge finds
The ruling could allow prosecutors to argue for a breakup of Google's advertising products. The U.S. Department of Justice has said that Google should have to sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad...
China bans ‘smart’ and ‘autonomous’ driving terms from vehicle ads
Analysts and industry sources cautioned stricter regulations would increase costs and slow the pace of technology development and adoption. But it could also accelerate a long-overdue consolidation in China’s crowded auto industry that has been grappling with...
US cyber insurance premium shrinking to continue: Fitch
The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...
In landmark ruling, UK’s top court says legal definition of woman refers to biological sex
The much anticipated ruling centred on whether a trans woman with a gender recognition certificate (GRC), a formal document giving legal recognition of someone's new gender, is protected from discrimination as a woman under Britain's Equality Act LONDON: Britain's...