Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units June 22, 2021 MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership...
Sri Lanka Ship Disaster Causes ‘Significant Damage to the Planet’: UN June 21, 2021 By Bharatha Mallawarachi COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire...
CFC Underwriting’s Lloyd’s Syndicate Opens for Trading June 21, 2021 CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital...
UK Financial Services Sector Cautions About Legislating Work-from-Home Options June 21, 2021 By Huw Jones and Carolyn Cohn LONDON – How people divide their working hours between home and office should develop naturally over time and not be...
Czech Utility CEZ Manages to Find Insurance After 2 Providers Exit from Coal Coverages June 21, 2021 PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants...
CEO Views: Successes and Failures in Dealing with Pandemic Challenges June 21, 2021 By Susanne Sclafane As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker June 21, 2021 Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Owners of Ship that Blocked Suez Make New Compensation Offer with Canal Authority June 21, 2021 ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new...
Ship Carrying Chemicals Sinks Near Sri Lanka Capital, Prompting Pollution Fears June 18, 2021 By Bharatha Mallawarachi COLOMBO, Sri Lanka – A container ship carrying chemicals sank off Sri Lanka’s capital on Thursday nearly a month after...
People Moves: Carpenter’s Schwebach to Aon’s Reinsurance Solutions; Mellor to Credit and Political Risks Team at Miller June 18, 2021 This wrap-up of international People Moves details two recent appointments at Aon’s Reinsurance Solutions and insurance broker Miller, in Minneapolis...