Insurer Bowhead Specialty Seeks About $491M Valuation in IPO May 13, 2024 Insurer Bowhead Specialty is targeting a valuation of about $491 million in its initial public offering in the United States,...
Russian Certifier Steps in After India Drops Safety Cover for Sanctioned Oil Tankers May 13, 2024 By Nidhi Verma and Jonathan Saul India’s ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions,...
Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp May 13, 2024 Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure...
People Moves: Tokio Marine HCC Expands Product Recall Offering With 2 Hires From AXA XL; London P&I Club’s CEO Gooch to Step Down, Succeeded by Bean May 13, 2024 This edition of International People Moves details appointments at Tokio Marine HCC – Specialty Group and The London P&I Club....
Russia Court Suspends Corporate Rights of Alfa Bank Entities, Including Insurance Arm May 13, 2024 A Russian court on Monday suspended the corporate rights of the Cyprus-registered holding companies of private lender Alfa Bank and...
PoloWorks Launches Managing General Agent Incubator May 13, 2024 PoloWorks, a Lloyd’s and London Market insurance services business, announced the launch of Polo MGA – a managing general agent...
Brazil Braces for More Rain as Historic Flood Damages Mount May 13, 2024 By Rachel Gamarski, Martha Beck and Simone Iglesias The south of Brazil is preparing for the arrival of new rains and colder temperatures that threaten to deepen a...
Suspected Pirate Attack in Gulf of Aden Raises Concerns About Growing Somali Piracy May 13, 2024 A European naval force detained six suspected pirates on Friday after they opened fire on an oil tanker traveling through...
Western Canada Wildfires Prompt Evacuations, Air Quality Warnings May 13, 2024 The season’s first major wildfires have spread to roughly 10,000 hectares (24,710 acres) across Western Canada on Sunday as authorities...
Decayed, Broken Utility Pole Caused Largest Wildfire in Texas History: Report May 13, 2024 By Jayme Lozano-Carver, The Texas Tribune LUBBOCK — A decayed utility pole that broke, causing power wires to fall on dry grass in the Texas Panhandle,...