International News

Chinese Ship Equipped With Advanced Sonar Joins Search for Flight 370

A Chinese ship equipped with advanced sonar equipment will soon join the search for the Malaysian airliner believed to have crashed in the southern Indian Ocean almost two years ago, an official said on Friday. The Dong Hai Jiu 101 …

Ban on Air Shipments of Lithium Batteries Proposed by UN Panel

A U.N. panel recommended Wednesday that cargo shipments of rechargeable lithium batteries be banned from passenger airliners because the batteries can create fires capable of destroying planes, said aviation officials familiar with the decision. The International Civilian Aviation Organization’s air …

More Room for Improvement in Japan Nuclear Safety

Japan has improved its nuclear safety regulation since the 2011 Fukushima disaster, but it still needs to strengthen inspections and staff competency, a team of experts from the International Atomic Energy Agency said Friday. It was the first IAEA review …

Product News

Hiscox Expands Terrorism Coverage Hiscox, an international specialist insurer, announced that they have enhanced their stand-alone Terrorism portfolio adding new products covering property damage due to malicious attacks utilizing nuclear, chemical, biological and radiological (NCBR) devices. Hiscox NCBR policies offer …

People on the Move

Byrne-Jones Appointed Director, Casualty Specialty Risks for Crawford & Company Crawford & Company appointed Rowena Byrne-Jones as a director of Casualty Specialist Risks. Byrne-Jones is regularly involved in multi-million pound losses involving multiple claimants, often in the glare of media …

New Year’s Eve Dubai Tower Blaze Reveals Risks in Cladding

Within minutes, the revelry of New Year’s Eve in Dubai turned to horror as those gathered for fireworks downtown watched flames race up the side of one of the glistening city’s most prominent luxury hotels. But the fire at the …

Delayed Earthquake Reconstruction in Nepal Finally Begins

Nepal officially launched the much-delayed reconstruction of about 1 million homes and buildings Saturday nearly nine months after they were damaged by devastating earthquake which killed 9,000 people. Prime Minister Khadga Prasad Oli unveiled plans to rebuild Bungmati, an old …

Oceans Absorb Double the Amount of Man-made Heat Since 1997

The amount of man-made heat energy absorbed by the seas has doubled since 1997, a new study says. Scientists have long known that more than 90 percent of the heat energy from man-made global warming goes into the world’s oceans …

Cyber Threats, Competition Top Business Concerns in 2016 Allianz Risk Barometer

The impact of disruptive events, fierce market competition and cyber incidents ranked as top concerns, according to the fifth annual survey on corporate risks published by Allianz Global Corporate & Specialty (AGCS), which surveyed over 800 risk managers and insurance …

Partial Agreement Reached in Case Involving Sickened Samsung Workers

Samsung Electronics reached a partial agreement on workplace safety with sickened workers and their families, nearly a decade after the death of a 22-year-old chip worker from leukemia galvanized concern about conditions in South Korea’s semiconductor industry. The South Korean …

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