September 20, 2024
Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set …
September 20, 2024
Thousands of pagers and other devices exploding in Lebanon this week mark a new and deadly escalation in the use of supply chains against adversaries, giving new urgency to global leaders’ drive to reduce their dependence on technologies from rivals. …
September 19, 2024
Lloyds of London, the re/insurance marketplace, announced that Sir Charles Roxburgh has been named its next chair, subject to regulatory approval. Sir Charles will take up the position on May 1, 2025, succeeding Bruce Carnegie-Brown after his eight-year term. Sir …
September 19, 2024
Lockton, the Kansas City, Missouri-based insurance brokerage firm, announced it has received regulatory approval to operate a reinsurance brokerage business in Colombia. “Lockton’s continued growth in Latin America is bolstered by this expansion of our capabilities in Colombia,” said Andrew …
September 19, 2024
This edition of International People Moves details appointments at the Bermuda-based re/insurer Vantage Group Holdings and the insurance broker Miller. A summary of these new hires follows here. Vantage Promotes Granda to Head of Political Risk and Credit Vantage Group …
September 19, 2024
Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk. The new product offers coverage for physical loss or damage …
September 19, 2024
Japanese radio equipment maker Icom Inc. said on Thursday that it was investigating the facts regarding news reports that two-way radio devices bearing its logo have exploded in Lebanon. Hand-held radios used by armed group Hezbollah detonated on Wednesday across …
September 19, 2024
From the moment pagers began exploding across Lebanon Tuesday, theories began to circulate on how devices considered outmoded in much of the world were turned into dangerous weapons that killed several people and wounded almost 3,000. As Lebanon accused Israel …
September 19, 2024
Firefighters are battling blazes in the region of Aveiro and other areas of northern Portugal for a fourth day after temperatures increased earlier this week. About 4,000 firefighters as well as 22 aircraft were facing active wildfires as of 9 …
September 19, 2024
A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance Association of Japan published the guideline …