The San Francisco-based firm, which ranks Australia among its...
Category:
International News
Latest
Beijing Court orders Malaysia Airlines to pay $410,000 compensation to families of MH370 victims
The court ordered the airline to pay each family compensation for...
Climate change supercharge devastating South Asian floods
A trio of tropical cyclones battered the region from Sri Lanka to...
Jan1 Renewals: Hannover Re’s Asia-Pacific premium growth remains modest
"Adequate prices and conditions continue to be indispensable for sustainable reinsurance protection. This is all the more true given that climate change and associated extreme weather events remain one of our greatest challenges. The wildfires around Los Angeles have...
ESG Backlash: Investors with 6 trillion euros warn EU not to weaken green rules
The warning coincides with mounting pressure from Germany and France, the European Union’s two largest economies, to scale back planned ESG regulations on concerns the requirements are preventing companies in the bloc from competing freely with their peers in the US...
Google ends diversity goals for its workforce in Trump era
Google’s move comes after US President Donald Trump made it clear that he wants to root out diversity, equity and inclusion from corporations and the federal workforce. He has asked government agencies to identify companies and other organizations that should be...
Aon names Terence Williams Head of Commercial Risk Solutions for Asia Pacific
He previously held several senior roles at Aon including CEO, South Africa, chief broking officer, Sub Sahara Africa, and head of casualty, UK Singapore: Aon plc, second largest international broker, today announced the appointment of Terence Williams as head of...
Year begins with warmest January despite shift towards cooling La Nina
"The fact that we're still seeing record temperatures outside of the influence of El Nino is a little surprising," said Samantha Burgess, Strategic Lead at the European Centre for Medium-Range Weather Forecasts, which runs the C3S service BRUSSELS: Last month was the...
Australia bans DeepSeek AI services from all government systems and devices
Home Affairs Minister Tony Burke said in a statement Tuesday that all DeepSeek products, applications and services would be removed from government systems on national security grounds effective immediately Australia has banned DeepSeek AI services from all government...
Corporate ‘Irritation’ over ESG fueled by significant costs
There’s evidence to suggest that fund managers devoting lots of energy to their ESG strategies aren’t necessarily being rewarded by investment clients. Funds complying with the EU’s strictest ESG standards suffered record outflows last quarter, according to a research...
LA wildfire losses can touch $164 billion, report says
Insured losses are estimated at $75 billion.The disaster will reduce L.A.’s gross domestic product by $4.6 billion, or about 0.5%, in 2025. Insured losses may cover only a fraction of the costs for fire victims. Many property owners seeking to rebuild were...
Long Covid costing nations billions, lost productivity and health
Approximately 400 million people have been affected by long Covid since the beginning of the pandemic. Global estimates indicate that about 6 percent of people develop long Covid symptoms after infection, according to the World Health Organization Long Covid is...
Miller to acquire AHJ Holdings
In addition to providing immediate scale and capability in treaty reinsurance, it will give Miller access to AHJ’s strong positioning in Nordic, Caribbean and North American Treaty business London: Miller, the independent specialist (re)insurance broker, has announced...