People Moves: AXIS Names Lord as Global CIO, Barriero as Head of Strategic Sourcing, Corporate Real Estate; Xenia Taps Stennett From Allianz Trade as CEO February 28, 2024 This edition of International People Moves details appointments at AXIS Capital Holdings and Xenia Broking Group. A summary of these...
Direct Line Rejects ‘Unattractive’ £3.1 Billion Bid From Ageas February 28, 2024 By Jan-Henrik Förster and Pamela Barbaglia Direct Line Insurance Group Plc said its board unanimously rejected a bid from Ageas, describing the offer as “uncertain” and...
Houthis Say They Could Reassess Red Sea Attacks if Israeli ‘Aggression’ Stops February 28, 2024 By Jonathan Saul and Mohamad Ghobari Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
Southern Water Fined for Sewage Spill That Killed 2,000 Fish in England February 28, 2024 By Jessica Shankleman Southern Water was fined £330,000 on Tuesday after admitting a raw sewage spill that killed thousands of fish on the...
UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report February 28, 2024 By Lucy White The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds...
Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales February 28, 2024 Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch...
People Moves: Ardonagh’s Price Forbes Taps Horler From Lockton as Deputy CEO; Marsh Names Fort From McGill and Partners as Int’l Cyber Product Leader February 27, 2024 This edition of International People Moves details appointments at the brokers Price Forbes and Marsh. A summary of these new...
EU Lawmakers Approve Tougher Penalties for Environmental Crimes February 27, 2024 The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by...
Clyde & Co: M&A Activity to ‘Start to Increase Through 2024’ February 27, 2024 The number of worldwide mergers and acquisitions in the insurance sector in 2023 dropped to 346, down from 449 in...