Global insured catastrophe losses in H1 2025 could reach as high as $90 billion, according to Jefferies, making it the second-highest first-half total on record. This projected figure sharply exceeds both the $58 billion recorded in H1 2024 and the five-year average of $55 billion. The elevated losses were driven primarily by widespread wildfire activity […]
Short-term and long-term CDs both have their advantages, and a combination of both might be your best bet.
Heavy rains halt recovery efforts in Central Texas; Jannik Sinner wins first Wimbledon men’s title.
The arachnids were found at Cologne Bonn airport after customs officials were tipped off by a “noticeable smell” that did not match the expected aroma of the alleged treats.
Jos Leijdekkers is on Europol’s most-wanted list, with the European police body offering over $225,000 for information leading to his arrest.
Author Daniel Silva joins “CBS Mornings” to talk about his newest novel, a fast-paced international mystery filled with stolen treasure, murder, and secrets inside the Vatican.
UK insurer Legal & General Assurance Society Limited (L&G) has completed a c.£800 million buy-in with the Honda Group, UK Pension Scheme (the Scheme). This secures the retirement benefits of over 1,700 retirees and over 3,000 deferred members. The Scheme is a longstanding client of L&G’s Asset Management business, and hence, the insurer was able […]
Gallagher UK has announced the appointment of Sarah Lyons as Specialty CEO, a London-based role. In her new role, Lyons will lead 1400 colleagues in the Specialty division, which support large clients across the globe with their insurance and risk management needs. The executive, who has two decades of industry experience, has been part of […]
ICEYE, a provider of satellite-based disaster response technologies, has introduced Flood Rapid Impact (FRI) — a new solution designed to provide automated, near-real-time flood data to emergency response teams, energy providers, insurers, and financial institutions. FRI supplies critical information about floodwater extent within 6 to 12 hours of the earliest signs of an event. By […]
BMS, an independent insurance and reinsurance broker, has strengthened its Canadian Retail division with the appointment of Cory Wilson as Director. Wilson will join the Canadian Retail team and report directly to Dan Reid, Managing Director of BMS Canada. In his new role, he will lead the ongoing strategic development of BMS’s retail operations in […]
