BMS Launches Operations in Turkey, Hires Executive Team May 27, 2021 BMS, the London-based independent specialist insurance and reinsurance broker, announced it has launched operations in Turkey. Called BMS Sigorta ve...
Lloyd’s, London Insurers Form Joint Venture with DXC to Transform Digital Processing May 27, 2021 Lloyd’s and insurers in the London company market have formed a joint venture with DXC Technology, aiming to transform digital...
Suez Canal Authority Is Open to Further Talks with Owners of Seized Container Ship May 27, 2021 By Ashok Sharma and Julhas Alam CAIRO – The Suez Canal Authority (SCA) said on Tuesday it was still open to negotiating with the owners of...
Ardonagh Group Agrees to Purchase BGC’s Insurance Business for $500 Million May 27, 2021 By L.S. Howard The Ardonagh Group, a leading UK insurance broker, announced it has agreed to acquire the insurance operations of BGC Partners...
Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report May 27, 2021 By Andrea Januta There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the...
Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil May 27, 2021 By Bart H. Meijer, Ron Bousso and Shadia Nasralla THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday,...
People Moves: Ex-NewRe Executive Cussigh to Peak Re in Zurich; Key Changes at Euler Hermes; Daley Promoted at Sedgwick Australia May 26, 2021 This wrap-up of international People Moves details recent appointments at Peak Re, the Hong Kong-based reinsurer; Euler Hermes, the Paris...
Renault-Nissan Shuts South India Plant Until May 30 on COVID Safety Concerns May 26, 2021 By Sudarshan Varadhan and Aditi Shah CHENNAI – Automaker Renault-Nissan will shut its plant in India’s southern Tamil Nadu state until May 30, according to an...
Storm Surges Inundate Villages in Eastern India as Cyclone Yaas Moves Inland May 26, 2021 By Jatindra Dash and Subrata NagChoudhury BHUBANESWAR, India – Storm surges inundated dozens of villages in eastern India on Wednesday after a powerful cyclone moved inland...
Many Workers Begin to Return to Offices Transformed by COVID Safety Innovations May 26, 2021 By Todd Gillespie and Jack Sidders Masked, desk-bound and unable to recognize their colleagues in an elevator, people are starting to return to offices in cities...