Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk August 14, 2024 Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the...
Insurance Broker NFP Acquires Orca Financial Group in Ireland August 13, 2024 NFP, an Aon company and insurance brokerage, announced its acquisition of Orca Financial Group, a specialist financial brokerage based in...
People Moves: Miller Names Thevenot for Strategic Sports and Entertainment Team; Tokio Marine HCC International Promotes 2 in UK Trade Credit Division August 13, 2024 This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International. A...
Athens Braces for Wildfire Flare-Ups as High Winds Return August 13, 2024 By Paul Tugwell Greek firefighters are working to bring the remnants of a huge wildfire near Athens under control, after wind speeds picked...
Insured Losses From UK Riots Will Be Manageable, With Claims Below £250M: Report August 13, 2024 By L.S. Howard Insured losses from recent riots in the United Kingdom are expected to remain at manageable levels with a limited impact...
Thailand Races to Stop Toxic Waste Cargo on MSC, Maersk Ships August 13, 2024 By K. Oanh Ha Thai authorities are racing to stop about 100 shipping containers allegedly filled with hazardous industrial waste from Albania reaching the...
Tech Update: Hiscox Launches GenAI-Powered Lead Underwriting Platform August 13, 2024 Hiscox, the global specialist insurer, has launched the London insurance market’s first lead underwriting platform enhanced by generative AI, aiming...
UK Cyber Spies Plan AI ‘Lab’ to Counter Hostile State Threats August 13, 2024 By Alex Wickham UK spies are stepping up efforts to tackle cyber and artificial intelligence threats from hostile foreign states, including the sort...
Swiss-Based Engineering Firm Schlatter Says IT Network Affected by Cyberattack August 13, 2024 Schlatter Industries’ network was attacked with malware on Friday and it can be assumed this was a professional attack, the...
People Moves: Everest Launches Global Broker Management Team Led by Izzo; Evolin Broking Launches Casualty Division With 3 Senior Hires August 12, 2024 This edition of International People Moves details appointments at re/insurer Everest Group and Evolin Broking. A summary of these new...