Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says October 11, 2024 By Kirstin Ridley Britain’s decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment...
Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit October 11, 2024 By Upmanyu Trivedi One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a...
Russian Strikes on Ukraine’s Ports Push Up Insurance Rates: Market Sources October 10, 2024 By Pavel Polityuk and Jonathan Saul A series of Russian missile strikes on Ukrainian Black Sea port infrastructure and commercial vessels has led to a jump...
Britain Bolsters Sanctions Regime on Russia With New Trade Unit October 10, 2024 Britain on Thursday launched a trade sanctions unit with new powers to penalize companies that fail to comply with restrictions...
People Moves: Miller Promotes Nagle to Head of Miller Europe, Succeeding Holloway; Markel Taps AIG’s Eastwood as Sr. Cyber U/W October 10, 2024 This edition of International People Moves details appointments at the insurance broker Miller and the insurer Markel. A summary of...
Markets/Coverages: AEGIS London-Led Lloyd’s Consortium Launches $25M Miner Rescue Insurance Cover October 10, 2024 The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its...
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
World’s Rivers Faced Driest Year in 30 Years in 2023: UN Weather Agency October 10, 2024 By Jamey Keaten The U.N. weather agency is reporting that 2023 was the driest year in more than three decades for the world’s...
Munich Re Specialty to Enter Spanish Insurance Market October 10, 2024 Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin...
Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says October 10, 2024 By Virginia Furness The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel...