People Moves: Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team; Arch Insurance Taps Laazaouzi From CNA Hardy as Senior Casualty U/W in France December 16, 2024 This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these...
Stricken Oil Tankers Show Risks of Russia’s Aging ‘Shadow Fleet’ December 16, 2024 By Gleb Stolyarov Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two aging tankers...
Swiss Insurer Helvetia’s Cost-Saving Plans Will Impact About 500 Jobs: CEO December 16, 2024 By Noele Illien and Allegra Catelli Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving...
Disaster Insurance Set to Test Italy’s Business Backbone in 2025 December 16, 2024 By Alberto Chiumento and Andrea Mandala Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some...
How Accountants Provide Frontline Defense Against Cybercrime December 16, 2024 Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against...
Climate Change ‘Supercharged’ Philippines’ Typhoon Season, Study Finds December 16, 2024 By Mary Hui A warming climate fueled the blitz of six powerful storms that hit the Philippines within a matter of weeks this...
Lloyd’s of London Trade Body Examines Planned Conduct Overhaul December 16, 2024 Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its...
Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance December 16, 2024 By Yantoultra Ngui German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion,...
AIG Leads Launch of Reinsurance Syndicate at Lloyd’s December 13, 2024 American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd’s. Commencing underwriting from Jan....
Ryan Specialty Forms Contingency Unit, Joining Paradiso Risks and Alive Risk December 13, 2024 Ryan Specialty, Chicago-based specialty insurance services firm, announced that Paradiso Risks is joining Alive Risk, Ryan Specialty’s sports, leisure and...