EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions January 27, 2023 The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products...
British Motor Insurer Direct Line’s CEO James Steps Down January 27, 2023 Direct Line Insurance Group’s chief executive of nearly four years, Penny James, will step down with immediate effect after the...
Swiss Re’s CUO Léger Appointed CEO of SCOR, as Rousseau Steps Down January 26, 2023 The SCOR Board of Directors has appointed Swiss Re’s Chief Underwriting Officer Thierry Léger as chief executive officer of SCOR....
Acrisure Re’s Facultative Team Expands Into Poland Via Partnership With Smartt Re January 26, 2023 Acrisure Re, the re/insurance division of top-10 global insurance broker and fintech platform Acrisure, announced that its facultative team has...
Britain Sounds Alarm on Russia-Based Hacking Group January 26, 2023 A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets...
Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns January 26, 2023 By Irina Anghel More than 30,000 British companies went bust last year, with accountants warning of a “double whammy” to come in April...
Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year January 26, 2023 Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132...
Miller Restructures Business Into 2 Divisions to Support UK and International Growth January 26, 2023 Miller, the London-based independent specialist re/insurance broker, announced the strategic re-alignment of its business into two divisions, Miller UK and...
Twitter Sued in Germany in Bid to Force Vetting of Antisemitic Posts January 25, 2023 By Agatha Cantrill and Karin Matussek Twitter Inc. was hit by a lawsuit in Germany by an anti-hate speech organization and a European group of Jewish...
People Moves: Everest Insurance Int’l Hires Powell to Lead Financial Lines; Swiss Re Corporate Solutions Names Arquint CEO EMEA, Succeeding Kleiterp January 25, 2023 This edition of International People Moves details appointments at Everest Insurance International and Swiss Re Corporate Solutions. A summary of...