LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says
Article 0 Comments The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the...
Tagged: International & Reinsurance News
Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026
Article 0 Comments Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Article 0 Comments Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh...
Markets/Coverages: Special Contingency Risks Offers Enhanced Victim Support Cover
Article 0 Comments Special Contingency Risks (SCR), a WTW business, has launched an Enhanced Victim Support insurance extension (EVS) to support hostage victims. The SCR initiative launches as part of an exclusive partnership with...
People Moves: Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472; Westfield Specialty Int’l Taps Faraday’s Richardson to Lead Open Market Property
Article 0 Comments This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson as Active...
Intact Financial Corp. Rebrands Subsidiaries RSA and NIG to Intact Insurance
Article 0 Comments Intact Financial Corp. (IFC) announced the official rebranding of RSA and NIG to Intact Insurance across the UK, Ireland and Europe. This move marks a significant milestone in the company’s journey...
Markets/Coverages: WTW Offers Parametric Insurance With Weather-Warning Trigger
Article 0 Comments Willis, a business of WTW, announced the launch of a parametric policy that is activated automatically when a red weather warning is issued by the UK Met Office or Met Éireann,...
Canada’s WestJet Says Some Passenger Data Exposed in Cybersecurity Breach
Article 0 Comments Canadian carrier WestJet said on Monday the personal information of some passengers was exposed in a cybersecurity breach earlier this year, though no payment data was compromised. The airline said it...
French Court Opens New Trial on Air France 447 Air Disaster, After 16 Years
Article 0 Comments A French appeals court will begin a new trial on Monday of Air France and Airbus, 16 years after a jetliner plunged into the Atlantic killing all 228 people on board....
Britain Considers Support for Jaguar Land Rover’s Suppliers After Cyberattack
Article 0 Comments Britain’s government is considering providing financial support for carmaker Jaguar Land Rover’s suppliers after a shutdown caused by a cyberattack was extended until October, a government source said on Thursday. The...