Lloyd’s Insurers Preparing to Cover Ukraine Grain July 27, 2022 By Carolyn Cohn Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to...
People Moves: Acrisure Re Hires Carpenter’s Furlong; HDI Global Specialty Promotes Button for Distribution & Biz Devel.; Tokio Marine Names Former QBE Exec for Board July 27, 2022 This edition of International People Moves details appointments at broker Acrisure Re and two insurers: HDI Global Specialty and Tokio...
UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First July 27, 2022 By William Shaw Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
Powerful 7.1 Magnitude Quake Hits Philippines, Killing at Least 4 July 27, 2022 By Neil Jerome Morales and Karen Lema A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four people, damaging buildings and...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon July 27, 2022 Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher...
Brown & Brown’s GRP Acquires Insurance Portfolio of WM Brokers Ltd. July 27, 2022 Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell...
People Moves: Howden RE Hires Former Carpenter Exec Thienel to Launch German Unit; MGA Alta Signa Appoints Kisters as Professional Indemnity Manager, Netherlands July 26, 2022 This edition of International People Moves details appointments at the broker Howden RE and the MGA Alta Signa Europe. A...
Alpine Glaciers Decline at Record Rates Following Heatwaves July 26, 2022 By Emma Farge and Gloria Dickie MORTERATSCH GLACIER, Switzerland – From the way 45-year-old Swiss glaciologist Andreas Linsbauer bounds over icy crevasses, you would never guess...
Record Temperatures, Wildfires Wreak Havoc on Europe’s Wineries and Vineyards July 26, 2022 By Elin McCoy In Portugal’s Douro Valley on July 7, a wildfire burned close to Oscar Quevedo’s Quinta da Alegria vineyard. By the...
Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels July 26, 2022 By Kaori Kohyama As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies...