Global insurance premiums are set to grow by 2.3% in real terms in...
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Everest Grp appoints Gary Haase as EVP&CEO of Legacy operation
Everest Group, announced the appointment of Gary Haase as Executive...
India Risk Report 2025: Resilience in the age of AI & shifting geopolitics
``While cyber, legal and technoligical risk remain top concern, the...
ANALYSIS-Climate verdict for Swiss women a warning for European states, oil industry
It's "going to have a significant impact on the other pending cases before the European Court," said Tom Cummins, partner at British multinational law firm Ashurst. There are seven lawsuits pending at the ECtHR that rest their argument on the same rights violation...
Lloyd’s announces Dawn Miller as new Chief Commercial Officer and CEO of Lloyd’s Americas
John Neal, Lloyd’s CEO said,“The Americas represents over 60 per cent of our market’s total premium and as we look to increase our presence, it is vital that we have the right people on the ground to deliver our ambitions. The appointment of Dawn and Marc to their new...
Europe’s wildfires in 2023 were among the worst this century, report says
Preliminary data for the first three months of 2024 show almost double the average number of fires, although these did not have major impact in terms of burnt areas According to the report, the wildfires produced some 20 megatonnes of CO2 emissions, equivalent to...
Super election year increases risks of political violence in many countries, warns Allianz
As unrest can now spread more quickly and widely, thanks in part to social media, financial costs from such events for companies and insurers are mounting. Economic and insured losses from just seven civil unrest incidents in recent years cost approximately US$13bn...
Air India retains its insurance premium at $30 million, renews a larger fleet for FY 24-25
AI, which was renewed successfully on Apr 1 in the London market, has kept its old pack of insurers and reinsurers but has allocated higher shares to its own group company Tata AIG General insurance, which is now the leader for the policy and another...
WHO running campaign to ensure universal access to quality health services
Dr Tedros Adhanom Ghebreyesus, Director-General,WHO In 2021, 4.5 billion people, more than half of the world’s population, were not covered by essential health services, leaving them vulnerable to diseases and disasters. Even those who do access care often suffer...
Who Will Pay for the Baltimore Bridge Collapse?
Experts in maritime law and insurance said determining liability was particularly complex because of the many parties involved, from shipowners in Asia to insurers in Europe to companies around the world that move goods in and out of Baltimore. Numerous lawsuits are...
IMD using AI machine learning to enhance weather forecasts: Director general
"We aim to provide forecasts at the Panchayat or village level…tailoring weather information to sector-specific needs in agriculture, health, urban planning, hydrology, and environment," India Meteorological Department Director General Mrutyunjay Mohapatra said New...
Virgin Atlantic jet collides with BA plane on the ground, no causalities
Virgin said its Boeing 787-9 had completed a flight and had no passengers aboard when its wingtip clipped a stationary British Airways jet while being towed from a stand at the airport's Terminal 3 London: A Virgin Atlantic jet collided with another plane while it was...
SEC stays climate disclosure rule amid legal challenges
The U.S. Securities and Exchange Commission’s first-of-its-kind regulation on how companies share certain climate-related risks with investors had attracted multiple lawsuits. It aims to set standards for how companies communicate with investors about greenhouse gas...