International
‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association
A January 2025 report from the Geneva Association, titled Insurance in a Fragmented World Economy, found that geopolitical tensions have driven the global economy toward "geoeconomic fragmentation." ...
Damaging Megadroughts Are Spreading Around the World
Severe drought conditions have helped fuel the Los Angeles wildfires. But a recent study, published in the journal Nature, comes with a warning: Climate change is ...
Aon: 60% of Employees Across the Globe Plan to Change Jobs This Year
A new study of employees in 23 countries reveals employees are engaging in a "hustle reset" as they reassess where and how much they work, according to global professional services firm Aon plc. The ...
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance
Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded five years earlier, AM Best said in a special report published ...
China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet
China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western region of Tibet. The epicenter of the magnitude 6.8 quake that hit around 9:05 a.m. ...
Inside Luxury Goods’ Broken Workplace Safety Audit System
LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications ...
Deadly Jet Crash in South Korea Marks Another Setback for Boeing
A machinists strike. Another safety problem involving its troubled top-selling airliner. A plunging stock price. 2024 was already a dispiriting year for Boeing, the American aviation giant. But when ...
Moderating Premium Rates, Falling Yields: European Insurers Resilient
European insurers are approaching the new year from a position of strength, having benefited from supportive interest rates and pricing cycles over the past two years. However, 2025 is expected to ...