Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Managers at UK Firms Expect to Dial Back Pandemic-Era Flexible Work Arrangements March 10, 2022 By Mumbi Gitau Many managers at UK companies expect to dial back their pandemic-era embrace of remote work and flexible arrangements once COVID-19...
AM Best Raises Country Risk Level for Russia March 10, 2022 The insurance rating firm AM Best said it has moved its country risk tier for Russia to a CRT-5 from...
Howden Makes Changes to Executive Committee as It Prepares for Aston Lark Purchase March 9, 2022 Howden, the international insurance broking group, announced a series of changes to its global management team, following the announcement that...
Private Jet Linked to Russian Billionaire Impounded as UK Deepens Aviation Sanctions March 9, 2022 Britain said on Wednesday it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give...
People Moves: WTW Hires MS Amlin’s Singh; Optio Names Hartford’s Robinson as MD; MS Amlin Adds Sirius’ O’Donnell to Property March 9, 2022 This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of...
Climate Change Is Making Australia a More Difficult Place to Live: Prime Minister March 9, 2022 By Ben Westcott and Sybilla Gross Australia’s Prime Minister Scott Morrison conceded that a changing climate is making the country a more difficult place to live...
Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator March 9, 2022 By Huw Jones Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank...
London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates March 9, 2022 By Jonathan Saul London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it...
Britain Unveils New Aviation Sanctions Against Russia March 9, 2022 Britain unveiled new aviation sanctions on Wednesday which give the power to detain any Russian aircraft and banning exports of...