International
Her Parents Were Hurt in Tesla Crash, But She’s Set to Pay Damages—to Tesla
Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father's panicked voice: The brakes don't work! Approaching a red light, her father swerved around two ...
Viewpoint: The Recipe for Building a Successful MGA
The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to build nimble, specialized, and client-focused MGAs. For many, ...
Natural Catastrophes Insurance Protection Gap Stands at 60%: WTW
Last year was the first year that exceeded 1.5°C (2.7°F) warming above pre-industrial levels, resulting in an estimated 60 percent insurance protection gap for natural catastrophes, according to ...
‘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 making catastrophic, multiyear ...
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. ...