Rise in Insurance Demand Likely to Break Premium Records in 2022: Swiss Re November 17, 2021 Strong growth and record premiums are projected for the global insurance industry, as demand for risk protection increases, according to...
Allianz Becomes First Wholly Foreign-Owned Life Insurer in China November 17, 2021 Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become...
South Africa Sued Over Plans to Construct New Coal-Fired Power Plants November 17, 2021 By Antony Sguazzin South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction...
‘Storm of Century’ Halts Traffic at Canada’s Biggest Port, Adding to Supply Chain Woes November 17, 2021 By Marcy Nicholson and Natalie Obiko Pearson Traffic at Canada’s largest port has been cut off by what local officials are calling the storm of the century,...
People Moves: Sompo Names QBE’s Reid Head of Casualty Int’l; AXA XL Promotes Shing to Lead U/W Mgmt, UK & Lloyd’s; Jensten’s Siggery to Oneglobal for Risk & Compliance November 17, 2021 This edition of International People Moves covers appointments at Sompo International, AXA XL and OneGlobal Broking. A summary of these...
Willis Towers Watson to Acquire Israeli Broker Leaderim November 17, 2021 Insurance broker Willis Towers Watson announced it has signed a definitive agreement to acquire Leaderim, an insurance broking and risk...
India Shuts 5 Coal-Fired Power Plants to Combat Air Pollution in New Delhi November 17, 2021 By Neha Arora and Mayank Bhardwaj NEW DELHI—India has temporarily shut down five coal-fired power plants around the capital New Delhi as part of its drive...
SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part. November 16, 2021 By Saritha Rai Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO....
Working From Home Could Hurt Women’s Careers: Bank of England’s Mann November 16, 2021 By David Milliken Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to...
Canadian Storms Force Shut-Down of Trans Mountain Oil Pipeline November 16, 2021 By David Ljunggren and Nia Williams OTTAWA/CALGARY, Alberta – Canada’s Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the...