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, tallied by the German reinsurer Munich Re , …
South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help fund COVID-19 vaccines for people not covered by insurance. Legislation has been amended to allow the companies to fund shots …
SEOUL – Production at Hyundai Motor’s factory in Ulsan, South Korea, was halted on Monday after a worker died in an accident, shortly after the plant was refitted to manufacture a new electric vehicle, a labor ministry official and union …
LONDON (AP) – So far, the large majority of British and EU citizens have not felt the realities of Brexit. Though the UK left the European Union on Jan. 31, it follows the bloc’s rules until the end of this …
The UK’s parting of the ways from the European Union means that an obscure 7-year-old watchdog is about to gain massive new powers over corporate mergers. Itself the product of a merger of two failing regulators, the Competition and Markets …
Rescuers raced to search for survivors amid strong aftershocks after Croatia’s worst earthquake in 140 years killed seven people and devastated cities and towns in one of the nation’s poorest regions. The 6.3-magnitude tremor on Tuesday damaged most of the …
Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. Construction of the 1,230-kilometer (764-mile) pipeline reached a milestone on Monday with …
European freight forwarders are rejecting contracts to take loads into the UK due to fears the chaos at Dover could be repeated post-Brexit. Transporeon, a German software company that monitors real-time data on freight traffic and rates for more than …
UK home and car insurer Admiral Group Plc agreed to sell its price-comparison unit to the owner of property portal Zoopla in a transaction valued at 508 million pounds ($685 million). Admiral will get about 450 million pounds in the …
COVID-19, mergers and acquistions were just two of noteworthy topics of 2020 covered by the International section of Insurance Journal. Other noteworthy topics included business moves — from startups and existing companies — and natural and manmade catastrophes. We provide …