Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route

Published on August 11, 2023
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern and Southern Europe. The accident in
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LivWell Asia appoints former Regional CEO of Prudential Growth Markets as Chair

August 11, 2023
LivWell Asia, a digital Health and Protection-focused Insuretech operating in Vietnam and India, has hired Wilf Blackburn as its new Chair.Blackburn has a record of driving growth and profitability in emerging markets, including Asia, where LivWell is building its presence in the health and protection segment to address the needs of both Millennials and Gen Zs.He most recently served as the Region

ALIRT finds $1.3bn+ China Construction Bank LOCs in hunt for Vesttoo exposure

August 11, 2023
In analysing US insurer filings for their use of letters of credit (LOCs) specifically from one of the banks at the centre of the Vesttoo linked collateral fraud story, ALIRT Insurance Research found more than $1.3 billion of them, but said it is hard to tell how much of that is associated with Vesttoo, or potentially fraudulent.The search for China Construction Bank (CCB) letters of credit (LOCs)