The French move raised the prospect of further bans in Europe....
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Shell says its Australian BG Group business hit by MOVEit breach
A number of businesses globally have lately been affected by a...
World Cup fanfare masks an existential threat to Rugby
Much of the fear over the future of the sport stems from the risk...
African Swine fever spreads in Philippines
The Southeast Asian nation since last year has imposed several measures to protect its $5 billion hog industry from the onslaught of African swine fever, including banning the entry of pork and pork-based products from more than a dozen nations.
RFIB granted Hong Kong licence
Stephen Warwick, who joined the business in February of this year, has been registered as the Chief Executive of RFIB Hong Kong Limited and continues in his role of CEO Reinsurance, Asia Pacific for the Group.
Willis Research Network partnership to focus on natural air traffic hazards
Alex Martí, CEO, Mitiga Solutions added: “In a short period of time, Mitiga Solutions has been able to disrupt the aviation industry by providing real-time and predictive solutions to mitigate the impact of atmospheric hazards to different aviation stakeholders
New York state bans flavored e-cigarettes
Nearly 400 people around the country have been stricken with a lung illness that is potentially vaping-related, according to the U.S. Centers for Disease Control and Prevention. Six have died.
Lloyd’s returns to profit in 1st Half after 2 full years of losses
The more than 300-year-old corporation made a profit before tax of 2.3 billion pounds ($2.8 billion) in the first six months of 2019, the company said in a statement on Wednesday.
Governance is the most influential ESG factor for both banks & NBFI:Fitch
While Customer Welfare – Fair Messaging, Privacy & Data Security, and Exposure to Social Impacts are rarely relevant to credit ratings currently, Fitch considers them potential rating drivers for the majority of sectors.
Insured losses for Typhoon Faxai estimated at $3B-$7B: AIR Worldwide
According to AIR, Typhoon Faxai surpassed Typhoon Higos for the strongest sustained wind speed at landfall in the region and tied with 1958’s Typhoon Helen for the lowest recorded central pressure. Faxai was comparable in strength to Typhoon Jebi, which devastated the southern Shikoku Island in 2018
Drone attacks strike major Saudi Aramco facility, oilfield
The plant has been targeted in the past by militants. Al-Qaida-claimed suicide bombers tried but failed to attack the oil complex in February 2006
Analysts see 2020 reinsurance price hikes due to catastrophes
However, as Hurricane Dorian ravages the Bahamas and bears down on the United States, Fitch, Moody’s and S&P Global said some rates could jump by much more than that
Total reinsurance capital at $559 bn in H1 2019, up 8% driven by strong investment markets: Willis Re
The largest component of this figure is the capital of the 36 reinsurance companies tracked in the Willis Reinsurance Index, which was up 11 per cent to USD 440 billion, principally due to falling bond yields and rising equity markets. The strong investment appreciation was a reversal of the trend noted in the year-end 2018 Reinsurance Market Report. Fresh capital backing the Convex start-up also contributed to the H1 2019 capital growth.