People Moves: WTW Promotes Rourke to UK Head of P/C Pricing, Product, Claims and Underwriting; Tysers Hires Lockton’s Appleford, Lonmar’s Jenkins December 9, 2021 This edition of International People Moves details appointments at brokers Willis Towers Watson and Tysers. A summary of these new...
Google Sues Russians for Alleged ‘Borderless’ Organized Cyber Crime Operation December 9, 2021 By Jamie Tarabay Alphabet Inc.’s Google is suing two Russian nationals it claims are part of a criminal enterprise that has silently infiltrated...
Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best December 9, 2021 AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive...
European Gig Workers Hail ‘Landmark’ Directive to Make Them Employees December 9, 2021 By Jillian Deutsch and Ivan Levingston Millions of platform workers in Europe could be on their way to being designated as employees, a move that labor...
Canada’s CPP Investments to Sell Ascot Group, Wilton Re in Strategy U-turn: Sources December 9, 2021 By David French and Chibuike Oguh Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking...
These Workers Stand to Gain From Current UK Pay Surges. Time to Ask for Pay Raise? December 9, 2021 By Philip Aldrick and Andrew Atkinson The fastest wage gains since the 2008 global financial crisis are throwing up opportunities and obstacles throughout the UK economy,...
Allianz to Raise Dividends by 5% Each Year From 2021 December 8, 2021 German financial services company Allianz said on Friday it would increase dividends by 5% each year from 2021 as it...
WTW Hires AIG’s Dasan for Construction, Natural Resources; Bogardus Named Chubb’s President for Singapore; AXA XL’s Muzeya Joins Mosaic as Financial Institutions U/W December 8, 2021 This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these...
Argenta Syndicate Management to Withdraw from Lloyd’s China Platform December 8, 2021 Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal...
Filhet-Allard Maritime Buys Majority Stake in Marine Specialist Latitude Brokers December 8, 2021 Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in...