Ratings Firms Struggle With Climate Risk in $133 Trillion Market August 3, 2023 By Gautam Naik With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example...
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region August 3, 2023 By Natasha White Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world,...
People Moves: Miller Taps Marsh’s Holloway as Head of Europe; HSB Canada Names Walker Chief Distribution Officer; HDI’s UK & Ireland Branch Announces Key Hires August 2, 2023 This edition of International People Moves details appointments at Miller, HSB Canada and HDI Global. A summary of these new...
Europe’s Most Important Trade Route Is at Risk From Climate Change August 2, 2023 By Petra Sorge, Wilfried Eckl-Dorna and Carolynn Look The Rhine River has been a reliable shipping lane for centuries, helping spawn industrial giants along its banks. But those...
Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing August 2, 2023 By Taiga Uranaka and Nao Sano A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely...
2 Investors Take Minority Stake in Mosaic Insurance, Providing Capital for Growth August 2, 2023 Mosaic Insurance has secured strategic investment from two US growth-capital providers to drive the specialty insurer’s talent acquisition and product...
Re/insurance Broker Consilium Granted License in Cayman Islands August 2, 2023 Consilium, the London-based re/insurance brokerage arm of Aventum Group, has been granted a license by the Cayman Islands Monetary Authority...
Point of No Return? Australians Fight for the Right to Work Permanently From Home August 2, 2023 By Byron Kaye Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called...
Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal August 2, 2023 By Steven Scheer Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices...
Hard Market Game Refuses to End: Arch Capital CEO August 1, 2023 By Susanne Sclafane Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared...