Florida’s Slide Insurance Secures $210 Million Catastrophe Bond April 11, 2024 Tampa-based Slide Insurance announced it has finalized pricing for its $210 million Purple Re Ltd. (Series 2024-1) catastrophe bond. The...
People Moves: Carpenter’s Global Specialties Unit Taps Partner Re’s Chu for Credit, Bond & Political Risk Team April 11, 2024 Carpenter’s Global Specialties Unit Taps Partner Re’s Chu for Credit, Bond & Political Risk Guy Carpenter, the reinsurance business of...
Markets/Coverages: AXA XL’s Bermuda Professional Lines Team Enhances D&O Policy April 11, 2024 AXA XL’s Bermuda Professional Lines Team has launched a new lead difference-in-conditions (DIC) directors and officers liability policy. “AXA XL...
Global Election Super-Cycle Raises Risk of Political Violence, Large Insurance Losses April 11, 2024 By L.S. Howard Almost half the world’s population will go to the polls before the end of 2024, which raises the threat of...
EU Parliament Approves Law to Slash Trucks’ Carbon Footprint April 11, 2024 By Kate Abnett The European Parliament voted on Wednesday to pass a law to reduce carbon dioxide emissions from trucks, which will require...
Ping An Insurance’s Delayed Trust Repayment Shows Lingering Property Woes April 11, 2024 By Bloomberg News Ping An Insurance (Group) Co.’s trust business delayed repayment on a property-linked investment product, showing how the financial giant’s asset-management...
Europe’s Wildfires in 2023 Were Among Worst This Century: Report April 11, 2024 The 2023 wildfire season in the Europe was among the worst this century, according to a European Commission report published...
Markets/Coverages: Antares’ Syndicate Launches Credit and Political Risks Consortium April 10, 2024 Antares Global, the multinational group of insurance and related service companies, announced that Antares Syndicate 1274 has launched a consortium...
People Moves: AXIS Global Markets’ Head of Underwriting Robson to Retire, Succeeded by MacGregor; Newline Europe Names Beckers as Head of Cyber Liability April 10, 2024 This edition of International People Moves details appointments at AXIS Global Markets and Newline Europe. A summary of these new...
Deadly Blast at Enel Plant in Italy Came Amid Maintenance Work April 10, 2024 By Antonio Vanuzzo and Alberto Brambilla A deadly explosion at an Enel SpA hydropower facility in northern Italy that left at least three people dead occurred...