Insured Losses From Eastern Australia Floods Estimated at A$4B: PERILS April 21, 2022 Initial insurance losses for the Eastern Australia floods are estimated at A$3.99 billion (US$2.97 billion), according to PERILS, the independent...
Explosion at Coking Coal Mine in Poland Kills at Least 5 People April 20, 2022 By Maciej Martewicz The death toll from methane explosions at Pniowek mine in southern Poland climbed to five after rescue workers recovered a...
UK Regulator Sets Diversity Targets for Top Executives, Boards April 20, 2022 By Katherine Griffiths The Financial Conduct Authority has set UK-listed companies three diversity targets, including a goal for at least 40% women on...
IMF Sees No ‘Bounce Back’ for Russia Economy, Expects More Damage if Sanctions Escalate April 20, 2022 By Andrea Shalal Russia’s economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and...
Global Executives Want to Ditch Work From Home but Few Follow Their Own Advice April 20, 2022 By Ryan Cavataro Bosses are hellbent on getting their staff back into the office. It’s just that the rules don’t necessarily apply to...
Deliveroo Found Guilty, Fined for Abusing Riders’ Rights in France April 20, 2022 By Mathieu Rosemain Two former managers of Deliveroo were given suspended one-year prison sentences and fined 30,000 euros ($32,380) by a French court...
RMS Promotes Steel to General Manager, Succeeding White April 19, 2022 RMS, the Newark, Calif.-based risk modeling company, announced that Michael Steel has been appointed to its top leadership position of...
Swiss Re Secures $1.15B Stop-Loss Protection to Support Reinsurance Growth April 19, 2022 Swiss Re has secured US$1.15 billion in stop-loss cover that protects the entire group for severe underwriting-related losses over a...
People Moves: TigerRisk Taps RenRe’s Everdell to Lead Casualty; HUB Promotes Chandani for Hospitality Specialty; Fidelis Names Brindle as Head of Sustainability April 19, 2022 This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A...
UK CFOs Expect High Inflation to Cut Profit Margins: Deloitte Survey April 19, 2022 By David Milliken More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their...