International
Generali Suspends Donnet’s Internal Rival in CEO Race
Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role of chief executive in a ...
Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global ...
EU Proposes Cybersecurity Rules for Institutions Amid Rising Cyber Attack Worries
EU countries should put in place a framework to manage cybersecurity risks at EU institutions, the European Commission said on Tuesday amid concerns about rising cyber attacks that could disrupt key ...
The World’s Cargo Ships Are Sailing Into Worse Climate Risks: Report
Dangerous, expensive disruptions to shipping and many of the world's roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that ...
Parts Makers in Japan Halt Output After Earthquake
Japan's Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday after an earthquake jolted the country's northeast, ...
Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment
Lloyd's of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial ...
Munich Re Exits From Russian, Belarusian Business
Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia's attack on Ukraine and supporting the sanctions, Munich Re said it will ...
How Lloyd’s is Responding to Events in Ukraine
Russia and Belarus represent less than 1 percent of business transacted by Lloyd's of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of ...