Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources November 2, 2022 By Jonathan Saul and Carolyn Cohn Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after...
Group of Financial Services Firms Calls for G20 Governments to Detail Climate Plans November 2, 2022 By Virginia Furness A coalition of financial firms led by former Bank of England Governor Mark Carney has called on G20 governments to...
Where Do Climate Pledges Stand a Year After COP26? November 1, 2022 A year ago at the U.N. climate talks in Glasgow, Scotland, countries, banks and business leaders announced a slew of...
People Moves: AXA XL Appoints Owen for Bermuda Professional Lines Team; Miller Names Beazley’s O’Connor as Chief Information Officer November 1, 2022 This edition of International People Moves details appointments at AXA XL in Bermuda and the London-based insurance broker, Miller. A...
South Korea Blames Lack of Crowd Control as Factor in Fatal Crush November 1, 2022 By Shinhye Kang and Sohee Kim Top South Korean officials said a lack of proper crowd management was likely a factor behind a deadly surge of...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Initial Insured Loss for Typhoon Nanmadol Estimated ¥114B (US$768M) November 1, 2022 Initial insurance industry losses from Typhoon No. 14, aka Nanmadol, which hit Japan in September 2022, are an estimated 114...
Jensten Group Completes Acquisition of UK Broker J Bennett & Son November 1, 2022 The Jensten Group, the London-based independent insurance broking group, has completed the acquisiton of J Bennett & Son Insurance Brokers...
Tropical Storm Lisa on Track to Strike Belize as 12th Atlantic Storm of 2022 November 1, 2022 By Brian K. Sullivan Tropical Storm Lisa has spun up in the Caribbean Sea south of Jamaica, on track to strike Belize late Wednesday...
Carlyle Aviation Sues Insurers Over Seized Planes Leased to Russian Airlines November 1, 2022 By Joe Schneider Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses...