Exxon, Guyana Environmental Agency in Breach of Oil-Spill Insurance Obligations: Court May 5, 2023 By Kiana Wilburg An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part...
More Insurers Weigh Joint Strategy to Climate Change as They Assess Antitrust Risk May 5, 2023 By Alastair Marsh Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for...
Tizzio Becomes President and CEO of AXIS Capital, Succeeding Benchimol May 4, 2023 AXIS Capital Holdings Ltd. announced that Vincent C. Tizzio assumed the role of president and CEO of AXIS as part...
Aon Realigns Leadership to Build Integrated Risk and Human Capital Capabilities May 4, 2023 Aon has named Andy Marcell CEO of Risk Capital (Commercial Risk and Reinsurance) and Lambros Lambrou CEO of Human Capital...
Generali Agrees to Sell German Specialized Pension Unit to Fosun-Backed Company May 4, 2023 Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter...
Arthur J. Gallagher & Co. Acquires Switzerland’s AccurART May 4, 2023 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Switzerland-based AccurART. Terms of the...
Specialist Risk Group (SRG) Acquires Medical Liability MGA, The MPLC May 4, 2023 Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of the managing general agent, The Medical Professional Liability...
Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results May 4, 2023 By L.S. Howard Swiss Re swung back to a first quarter profit, reporting net income of $643 million, compared with a loss of...
TotalEnergies Sues Greenpeace Over Emissions Report May 4, 2023 By America Hernandez French oil major TotalEnergies has sued environmental group Greenpeace France and climate consulting firm Factor-X over a report claiming the...
Banks and Insurers Increasingly Move Away From Coal: Report May 4, 2023 Banks and insurers are more frequently adding coal exclusion policies to their investments while those with existing policies are toughening...