Court delays ruling on 2013 Quebec oil train crash settlement

(Reuters) — A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train... Read more »

Arch Capital may jump into Axis Capital bidding war

Bermuda's Arch Capital Group Ltd. is considering a $6.56 billion bid for Axis Capital Holdings Ltd., reported Artemis.bm citing the Financial Times. Read more »

Korean Re mulls underwriting agency in Dubai

Jong-Gyu Won, chief executive of South Korea-based Korean Reinsurance Co., said that the reinsurer is considering opening an underwriting agency in Dubai, Asia Insurance Review reported. Read more »

Cargo thefts losses total $320 million last year

Brazil's National Association of Freight Transport and Logistics has said that trucking firms in the country reported 17,500 cargo thefts in 2014. Read more »

Singapore’s commercial insurance business poised for growth: Official

Singapore-based AIG Asia Pacific Insurance Pte. Ltd. chief executive Matt Harris has said that the commercial insurance business in the country is set for robust growth in the coming three to five... Read more »

Public liability insurance for India’s 21 nuclear facilities likely next month

An official of New India Assurance Company Ltd. has said that Nuclear Power Corp. of India Ltd.' Read more »

Public liability insurance for India’s 21 nuclear facilities likely next month

An official of New India Assurance Company Ltd. has said that Nuclear Power Corp. of India Ltd.' Read more »

45% of firms face data center disruptions from natural disasters

U.K.-based Zenium Technology Partners Ltd. has said in a report that 45% of the businesses in the country have experienced down time as a result of natural disasters, reported Computer Business Review. Read more »

Industry premium jump nearly 16%

Ukraine's financial service regulator Natskomfinuslug has said in a report that gross premiums received by the country's insurers and reinsurers totaled 6.1 billion Ukrainian hryvnias ($280 million) in the first quarter of... Read more »

Regulator to introduce new rules for business with foreign reinsurance brokers

The Egyptian Financial Supervisory Authority is establishing new rules for business between the country's insurers and foreign reinsurance brokers, reports Asia Insurance Review citing Al Mal News. Read more »