International
Biggest Gold Theft in Canada’s History Leads to 9 Arrests
Police said nine people are facing charges in what authorities are calling the biggest gold theft in Canadian history from Toronto's Pearson International airport a year ago. Peel Regional Police ...
Climate Change to Cause $38 Trillion a Year in Damages by 2049
Climate change will inflict losses to the global economy worth an annual $38 trillion by 2049, as extreme weather ravages agricultural yields, harms labor productivity and destroys infrastructure, ...
Car Shipper Estimates $10M Loss From Baltimore Bridge Collapse
Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be ...
Worst Taiwan Quake in 25 Years Kills at Least 7 With Dozens Injured
Taiwan's strongest earthquake in a quarter century leveled dozens of buildings on the eastern side of the island, killing at least seven people and disrupting semiconductor production at some of the ...
Global Insured Nat Cat Losses Top $100B for Fourth Straight Year: Swiss Re
Global insured losses from natural catastrophes in 2023 exceeded $100 billion for the fourth consecutive year — an indication of the new norm for nat cat losses, according to Swiss Re. Other ...
5 Robotic Trends to Watch in 2024
Artificial intelligence is opening the door to increased use of robotics in a variety of industries, according to the International Federation of Robotics. "The five mutually reinforcing automation ...
Lloyd’s of London Hits 35% Female Leadership Target
Lloyd's of London has hit a short-term target of filling 35 percent of leadership roles with women, although less than half of firms in the commercial insurance market had hit the mark, it said on ...
After Slow 2023, M&A Activity Expected to Ramp Up This Year
More acquisition opportunities and continued competition across the market is expected in 2024, according to a new report, the "2024 Insurance M&A Outlook," by Deloitte. Property/casualty mergers ...