Lockton Re Partners with Nephila Capital to Launch Automated ILS Placement Solution August 11, 2021 Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced a first-of-its-kind, digital capability...
Insurance Becomes Top Operating Cost Concern for Small Canadian Firms: Survey August 11, 2021 Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their...
Massive Wildfire Devours Forests on Greek Island of Evia August 11, 2021 By Elena Becatoros ATHENS, Greece (AP) – A massive wildfire burning for days on the northern tip of Greece’s second largest island continued...
Alibaba Scandal Sparks #MeToo Reverberations in C-Suites Across China August 11, 2021 By Coco Liu and Zheping Huang Few paid much attention when she first turned up at the center of Alibaba Group Holding Ltd.’s packed cafeteria on...
People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe August 10, 2021 This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A...
Blenheim Underwriting Launches Lloyd’s Managing Agency August 10, 2021 Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act...
Goldman Sachs-Backed Aston Lark Acquires UK-Based Essex Insurance Brokers August 10, 2021 Aston Lark Group, the London-based insurance broker backed by Goldman Sachs, announced it has acquired Essex Insurance Brokers Ltd. Established...
Munich Re’s Q2 Profit Rises 91%, While COVID-19 Losses Outpace Expectations August 10, 2021 German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast...
Tropical Storm Warnings Posted in Eastern Caribbean as System Gathers Power August 10, 2021 By Brian K. Sullivan Tropical storm warnings have been posted across the eastern Caribbean as a system gathers power and takes shape southeast of...
China’s Alibaba Blasted by State Media for Delay in Handling Sexual Assault Accusation August 10, 2021 By Nabila Ahmed SHANGHAI – China’s biggest online commerce firm, Alibaba Group Holding Ltd, on Monday said it had fired a manager accused...