Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges November 25, 2024 By Valerie Volcovici, Richard Valdmanis and Karin Strohecker When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday...
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...
People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia November 22, 2024 This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these...
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...
Danish Central Banker Sees Russia Hackers as Key Risk to Lenders November 22, 2024 By Sanne Wass Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region,...
Sweden Probe Into Broken Cable Advances as Seabed Study Winds Up November 22, 2024 By Christopher Jungstedt Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as...
Ninety One Joins Rush of Asset Managers Chasing Insurer Deals November 21, 2024 By Adelaide Changole South African asset manager Ninety One Ltd. has agreed to sell a stake to Sanlam Ltd., joining a raft of...
Arthur J. Gallagher & Co. Acquires Chilean Broker THB Chile November 21, 2024 Arthur J. Gallagher & Co. announced the acquisition of Santiago, Chile-based THB Chile. Terms of the transaction were not disclosed....
Australia’s Top Female Executives Make US$103,000 Less Than Men November 21, 2024 By Ben Westcott Australia’s top female business chiefs are earning A$158,632 ($103,340) less per year than their male counterparts, according to the Workplace...
Why Asbestos Is Still Being Found in Some Cosmetics November 21, 2024 Asbestos, a notorious carcinogen, was in widespread use throughout the 20th century – from building materials to brake pads and...