International
Executives On The Move at Hamilton and Chubb
Two executives – veterans of Chubb and Appella – are joining Hamilton Insurance Group to take on leadership positions within its Lloyd's operations. Chubb appointed one of its veteran executives ...
British Officials Claim They Had to Bear Liability in Exchange for Vaccine Deals
Britain had no choice but to agree to bear liability if claims were made against vaccine makers as part of supply deals, officials said on Monday, adding that approval for three of the candidates ...
Online Selling Platform Apollo Insurance Solutions Pulls in a $13.5M Financing Round
Apollo Insurance Solutions Ltd., a Toronto-based online insurance platform, said it has closed an oversubscribed $13.5 million Series A financing round. The funding exceeded its original $4 million ...
SolarWinds Hackers Linked to Known Russian Spying Tools
The group behind a global cyber-espionage campaign discovered last month deployed malicious computer code with links to spying tools previously used by suspected Russian hackers, researchers said on ...
Boeing Will Pay $2.5B to Resolve U.S. Criminal Probe of 737 MAX Crashes
Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to ...
Norwegian Landslide Will Cost Insurers $107M
COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a ...
2020 Temperatures Rounded Off Hottest Decade, Hit Record
Last year tied with 2016 as the world's warmest on record, rounding off the hottest decade globally as the impacts of climate change intensified, the European Union's Earth observation service said ...
Natural Catastrophe Damages Reached $210B in 2020: Munich Re
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...