People Moves: Chubb Names Chasseguet as Country President, France; MGA Pen Taps Gallaghers’ Alsegard as Head of IP; McLarens Appoints 5 for Mideast Team April 3, 2023 This edition of International People Moves details appointments at Chubb, the MGA Pen Underwriting and loss adjuster McLarens. A summary...
Leading Investor Group NZAOA Toughens Stance on New Upstream Oil & Gas Projects April 3, 2023 The Net Zero Asset Owner Alliance (NZAOA) said on Wednesday [March 29] it expects members to make no new direct...
MS Amlin’s Long-Term Issuer Credit Rating Downgraded by AM Best April 3, 2023 AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the...
UN Maritime Agency Raises Safety Concerns About Shadow Oil Tanker Fleet April 3, 2023 By Alaric Nightingale and Thomas Gualtieri A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks April 3, 2023 By Laura Malsch and Alastair Marsh Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says...
R&Q’s Quilter Steps Down as CEO, Retires at Year-End; Spiegel Becomes New CEO March 31, 2023 By L.S. Howard R&Q Insurance Holdings Ltd., the non-life global specialty insurance company that focuses on program management and legacy insurance businesses, announced...
Britain to Reform Accountability Rules for Senior Bankers, Insurance Executives March 31, 2023 By Huw Jones Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top...
People Moves: Everest Taps Chubb’s Chaves to Lead Mexico Operations; BMS Names Munich Re’s Tigleanu for Cyber Strategy; Miller Hires Dipati in Singapore Energy Team March 31, 2023 This edition of International People Moves details appointments at Everest Insurance and two brokers BMS and Miller. A summary of...
Gallagher Launches in Sweden Following Integration, Rebranding of 3 Acquired Brokers March 31, 2023 Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its...
Porsche SE Wins Crucial Ruling in Stuttgart Investor Class-Action Lawsuit March 31, 2023 By Karin Matussek Porsche Automobil Holding SE won a crucial ruling in a €900 million ($976 million) class-action style lawsuit from investors who...