Lloyd’s Asia Launches Renewable Energy Consortium December 27, 2021 Lloyd’s has launched a new renewable energy consortium, to respond to the growing needs of the Asia-Pacific region and supporting...
This Year’s 10 Worst Climate Disasters Cost $170 Billion: Study December 27, 2021 By Damian Shepherd Ten of this year’s most destructive weather events cost a combined $170 billion in damages, according to a new study....
Italian Judge Drops Case Against Unipol CEO Over Merger With Insurer Fondiaria December 27, 2021 An Italian judge on Thursday dropped a case against the CEO of Unipol and six other people related to the...
Specialist D&O MGA Banyan Risk Expands Into Canadian Market December 22, 2021 Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada....
Prosecutors Say Italian Supplier Produced 4,000 Flawed Parts for Boeing Over 5 Years December 22, 2021 By Francesca Landini and Tim Hepher MILAN – An Italian supplier at the center of recent industrial snags on the 787 Dreamliner airplane produced more than...
People Moves: Definity’s Board Appoints Former Swiss Re Exec Schmid; SCOR Promotes Mumme-Young for Political & Credit Risk; Cathay Pacific’s Howell to Marsh Aviation December 22, 2021 This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new...
Willis Towers Watson Launches Risk and Analytics Model for Trade Credit Insurance December 22, 2021 Willis Towers Watson announced it has launched a new risk and analytics model for the trade credit market. The model...
As Strongest Storm to Hit Philippines in 2021, Typhoon Rai ‘Exceeded All Predictions’ December 22, 2021 By Kanupriya Kapoor SINGAPORE – The rapid intensification that turned this week’s Typhoon Rai into the strongest storm to hit the Philippines this...
Insurers Sanlam and Allianz Explore Options for Their African Businesses December 22, 2021 JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their...
Nephila Capital’s New Syndicate 2358 Funded by Lloyd’s-Sponsored Investment Vehicle December 21, 2021 Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided through London Bridge Risk...