Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File September 29, 2022 By William Rabb Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It...
People Moves: Canopius Names WTW’s Maitra as Group Head of Sustainability; Gallagher Re Hires Bangs and Swindell for Asia Pacific September 29, 2022 This edition of International People Moves details appointments at Canopius and Gallagher Re. A summary of these new hires follows...
Specialty MGA Optio Launches MGA and Broking Operations in Dubai September 29, 2022 Optio Group, the London-based specialty managing general agent (MGA), announced it will launch an MGA and reinsurance broker in Dubai,...
Soccer Injuries Cost Top UK, European Clubs More Than £500M Annually: Howden September 29, 2022 By David Hellier Footballers are getting injured more frequently across Europe’s top divisions, according to research from an international insurance broker, as the...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk September 29, 2022 The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every...
Storm Ian Weakens as Millions Left Without Power September 29, 2022 By Brian K. Sullivan and Will Wade Ian was downgraded to a tropical storm as it continued to move northeastward across central Florida, with a massive and...
UK Insurers, Banks Told to Do More to Help Customers Struggling With Cost of Living September 29, 2022 By Huw Jones Britain’s Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a...
How Methane Leaks Accelerate Global Warming September 29, 2022 By Tim Cocks Methane leaks have emerged as a top threat to the global climate, with the latest incident involving two Russian gas...
Russia Gas Pipelines Now Have Four Leaks, Blamed by Some on Sabotage September 29, 2022 By Christopher Jungstedt and Kati Pohjanpalo Another leak on the Nord Stream 1 and 2 natural gas pipelines in the Baltic Sea has been disclosed, bringing...
Optus Must Pay Cost of Replacing Hacked Customer Documents: Australia Government September 29, 2022 Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licenses of millions of customers whose...