India’s Accidental Missile Launch Endangered Dozens of Passenger Jets March 18, 2022 By Anurag Kotoky A missile that was accidentally launched out of India last week fired into the flight path of dozens of commercial...
People Moves: Swiss Re Names Gonzalez as CEO Reinsurance China, McGrath Becomes Regional CEO for Corporate Solutions in N. America March 18, 2022 Swiss Re announced that Ivan Gonzalez has been appointed CEO Reinsurance China and China country president with effect from July...
Mosaic Creates Cyber Underwriting Hub in Bermuda March 18, 2022 Mosaic Insurance is building a cyber-security underwriting unit in Bermuda, to align its global business strategy around the fast-growing risk....
Miller Launches Online Platform for High-Net-Worth Clients March 18, 2022 Miller, the London-based independent specialist re/insurance broker, announced the launch of its online Private Clients platform, providing digital solutions for...
Aircraft Insurers Brace for Barrage of Russia Claims in Possibly Biggest Aviation Loss March 18, 2022 By Katherine Chiglinsky, Siddharth Philip and Max Reyes Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented...
China Vows to Roll Out Market-Friendly Policies, Boosting Battered Shares March 18, 2022 Chinese Vice Premier Liu He, China’s economic tsar, urged the roll-out of market-friendly policies to support the economy and caution...
Ping An Insurance Profit Falls 29% March 18, 2022 By Engen Tham, Zoey Zhang and Selena Li Ping An Insurance Group Co of China Ltd., the country’s largest insurer, on Friday reported its biggest annual profit fall...
Swiss Re to Reduce Cover for Oil, Gas Operations March 18, 2022 By Simon Jessop Swiss Re, the world’s second biggest reinsurer, said it would increase the number of oil and gas producers for which...
People Moves: AXA XL Promotes Europe Managers; WTW Names Bassi for Insurance Consulting & Tech; Sedgwick Appoints Horrocks UK Head of Fraud Tech, Intelligence March 17, 2022 This edition of International People Moves details appointments at AXA XL, Willis Towers Watson and Sedgwick. A summary of these...
Thailand Regulator Orders 2 Non-Life Insurers to Stop Accepting New Clients March 17, 2022 By Anuchit Nguyen Thailand’s insurance regulator ordered Southeast Insurance Pcl and Thai Insurance Pcl to stop taking new clients and sell some assets...