UK Eyes War-Risk Insurance Scheme for Ukraine’s Reconstruction June 9, 2023 By Marc Champion, Alberto Nardelli and Alex Wickham The UK is drawing up a war-risk insurance scheme that it hopes will convince investment companies as well as tech,...
Russian President Putin Signs Law Creating Eurasian Reinsurance Company June 9, 2023 By Andrew G. Simpson The Kremlin announced that Russian President Vladimir Putin has signed a law to ratify the creation of the Eurasian Reinsurance...
Philippines Raises Alert Over Volcano, Villagers Urged to Leave Danger Zone June 9, 2023 Philippine officials on Thursday raised the alert level for one of the country’s most active volcanoes after superheated streams of...
Former SCOR CEO Kessler, 71, Dies June 9, 2023 Denis Kessler, 71, non-executive chairman of SCOR and the reinsurer’s former chief executive, died Friday, the company said. “Over the...
Acrisure Acquires TEn, Will Go to Market as Eleven Network June 9, 2023 Acrisure said it has acquired TEn Insurance Services Ltd. As part of the acquisition, TEn will go to market as...
Insify Raises €10 million Series A Extension Led By Munich Re June 9, 2023 Insify, an insurtech for SMEs, has raised an additional €10 million, bringing its total Series A funding to €25 million....
Most Nations Aiming for Net-Zero Fail to Meet Targets, Study Shows June 9, 2023 By Akshat Rathi and Laura Millan A new scientific assessment of government commitments to eliminate greenhouse gas emissions found most lack credibility and would put the...
Russia-Linked Hackers Give Victims a Week to Open Ransom Negotiations June 8, 2023 By Ryan Gallagher A Russian-speaking criminal cyber gang gave victims including British Airways and the BBC a week to start ransom negotiations after...
EU’s Breton Demands Meta Act Against Online Content Targeting Children June 8, 2023 By Foo Yun Chee EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he...
People Moves: AXA XL Names Guidée Reinsurance CEO as Bewlay Moves to Group CUO; McGill and Partners Grows in Bermuda With Stubbings Hire June 8, 2023 AXA XL said Renaud Guidée has been appointed as chief executive officer, Reinsurance, effective September 1. Guidée assumes the role...