The verdict from a jury in San Francisco federal court came in a...
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Chubb releases details structure of the Gulf Maritime Insurance Facility with DFC
The facility will provide war marine risk insurance for hull &...
West Asia Conflict:Trump indicates possible end to conflict,Oil price spike continues
US President Donald Trump ``We are getting very close to meeting...
X faces global outage including in India for couple of hours
This is the second time within a month that users have reported outages in the X network New Delhi: Billionaire Elon Musk-controlled microblogging website X on Sunday faced a global outage, including in India, for about a couple of hours, according to online companies...
Japan to give crypto assets legal status as financial products, Nikkei says
As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said TOKYO: Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and...
Aftershocks rattle devastated city of Mandalay
The initial 7.7-magnitude quake struck near the central Myanmar city of Mandalay early Friday afternoon, followed minutes later by a 6.7-magnitude aftershock. The tremors collapsed buildings, downed bridges and buckled roads, with mass destruction seen in the city of...
Japan issues mid-level volcano warning
"Volcano warning issued for Kirishimayama (Shinmoedake) (near crater) (Volcanic alert Level 3: Do not approach the volcano). An eruption may occur. Follow local government’s instructions and stay away from dangerous areas," the disaster management agency said on X...
Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers
Friday's 7.7 magnitude quake, among the biggest to jolt the Southeast Asian nation in the last century, crippled airports, bridges and highways amid a civil war that has wrecked the economy and displaced millions In neighbouring Thailand, where the quake rattled...
South Africa most dangerous country to drive India ranks 49th among 53 surveyed
India, at 49th place, was listed among the bottom five with the US ranking 51, making it the third most dangerous country to drive, according to Zutobi.com, the international driver's education company with courses in multiple countries Johannesburg: South Africa has...
Insurance industry not expecting any large claims out of earthquake damages in Myanmar and Thailand
This is a significant human tragedy. Unfortunately, there will be a notable protection gap highlighting the continuing need to bring more insurance capital into emerging markets. In comparison to primary perils such as typhoons and floods, earthquake risk in Thailand...
MS&AD Insurance Group announces merger of two of its non-life insurance subsidiaries
The group aims to establish a system to offer the best products and services to customers by investing accumulated capital into growth areas such as international business, domestic life insurance business, and digital/risk-related services Japanese major MS&AD...
Powerful earthquake rocks Myanmar and Thailand and kills more than 150 people
Rescuers work at the site of a collapsed building after the tremors of a strong earthquake that struck central Myanmar on Friday affected Bangkok, Thailand, (REUTERS) Myanmar’s government said blood was in high demand in the hardest-hit areas. Images of buckled and...
ING first globally important bank to meet climate watchdog
“As the first global systemically important bank with a validated science-based target, ING is showing how large financial institutions can support climate stabilization in the real economy,” Nate Aden, head of Financial Standards at the Science-Based Targets...