Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many in finance remain wary they could be targeted to prop up Britain’s stretched public finances further down the line. Under …
Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in both number and force, a European naval commander said. The Yemen-based Houthis began attacking vessels in the Red Sea last …
An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three navy and security sources said, the latest vessel lost in the strategically important Red Sea. The area, on the main …
Switzerland and the European Union resumed talks on financial market regulation on Thursday after dialog was suspended in 2017, the Swiss government said. Issues relating to financial market stability, cross-border activities, capital markets, digital finance, cybersecurity, sustainable finance and insurance …
Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said on Wednesday [July 3], a year later than originally indicated. “These disclosures aim to enhance information availability and support market …
Hurricane Beryl pummeled Mexico’s Yucatan Peninsula with tree-toppling gusts and flooding rains, weakening slightly as it came ashore after leaving a trail of destruction through the Caribbean this week. Beryl’s top winds dropped to 100 miles (160 kilometers) per hour …
Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought. Finance Minister Mthuli Ncube told reporters on Thursday in …
This edition of International People Moves details appointments at Everest in Europe and CNA Hardy. A summary of these new hires follows here. Everest Taps BHSI’s d’Huart as Head of France, Charon Named Head of Client Engmt, Europe Everest announced …
Yemen’s Houthis are sending drone boats packed with explosives into the Red Sea as they intensify their attacks on merchant ships that have little defense against the “sophisticated shift” in tactic, maritime security sources say. Iran-aligned Houthi militants first launched …
Specialist Risk Group, the London-based insurance intermediary, announced the acquisition of political violence specialist underwriter, Tristar Special Risks. Tristar Special Risks has deep expertise in terrorism insurance and supports broker partners across the UK through its comprehensive coverage for all …
