People Moves: Former Pool Re CEO Enoizi Named Carpenter’s Head of Public Sector; AGCS Hires BHSI’s Maxwell as Global Head of Financial Lines March 31, 2022 This edition of Internation People Moves details appointments at Guy Carpenter and Allianz Global Corporate & Specialty. A summary of...
Qatar Airways Says A350 Surface Flaws Cause Risk of Fuel Tanks Igniting March 31, 2022 By Charlotte Ryan and Katharine Gemmell Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its...
Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions March 31, 2022 The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab...
Generali Investor Del Vecchio Backs Change in Insurer’s Leadership March 31, 2022 By Tommaso Ebhardt Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that...
Occam Completes Purchase of Terrorism-Specialist MGA Beech Underwriting March 31, 2022 Occam Underwriting, the specialist lines managing general agency (MGA), announced it has completed the acquisition of Beech Underwriting Agencies Ltd....
Ukraine Urges Marine Insurers to Withdraw Coverage for Russian Shipping Companies March 31, 2022 By Benjamin Robertson The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in...
NTSB: Oklahoma Plane Crash That Killed 3 Was Nearly Vertical March 31, 2022 A plane that crashed in northern Oklahoma, killing three Nebraskans, was nearly vertical when in struck the ground, according to...
UK Expands Sanctions That Target Russian Oligarchs’ Jets and Yachts March 31, 2022 Britain put in place new legal powers on Wednesday to prohibit maintenance on aircraft and ships belonging to specific sanctioned...
Analysis – Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to...
Texas High Court: Wrongful Death Suit Against Gentlemen’s Club in Hands of Arbitrator March 31, 2022 By Ezra Amacher Three terms in a written contract between a gentlemen’s club and a deceased employee are not so unclear as to...