DARAG Acquires Run-Off Portfolio From wefox Insurance AG January 14, 2025 DARAG, a leading legacy acquirer with a focus on the European and UK market, and wefox Insurance AG, the Liechtenstein-domiciled...
Polo Insurance Managers Launches Clockwork Re January 14, 2025 Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re...
Baltic Sea Cable Cuts Can’t Be Accident, EU Tech Chief Says January 14, 2025 By Andrea Palasciano and Oliver Crook The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t...
Russian Insurer Says US Sanctions Against it Increase Risk of Environmental Disaster January 14, 2025 Russian insurance company Ingosstrakh said on Friday [Jan. 10] that U.S. sanctions against it would increase the risk of environmental...
Russia Expands Response to Biggest Black Sea Fuel Spill in Decades January 14, 2025 By Ilya Arkhipov and Evgenia Pismennaya Russia has formed a new government commission to coordinate clean up of the biggest spill of oil products in the...
Business Moves: Aon’s NFP Buys Irish HR Consultant; CoreLogic Purchases Australian Technology Firm January 13, 2025 Aon’s NFP Acquires Irish Human Resources Consultancy and Training Specialist NFP, the New York City-based brokerage and consulting firm and...
People Moves: Arch Insurance (EU) dac Promotes Smith to CEO, Succeeding Scheuer; BHSI Taps SCOR’s Le Gall as Head of Casualty in France January 13, 2025 This edition of International People Moves details appointments at Arch Insurance and Berkshire Hathaway Specialty Insurance. A summary of these...
Canadian Insured Losses From Catastrophic Events Total C$8.5 Billion in 2024: CatIQ January 13, 2025 The magnitude of catastrophic events experienced across Canada in 2024 pushed the insured loss total for the region to C$8.5...
Broker Miller Launches Korean Unit to Aid Asia Expansion January 13, 2025 Miller, the London-based specialist re/insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by...
Stricken Oil Tanker Towed to Safety off German Island of Ruegen January 13, 2025 By Angela Cullen An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has...