Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets June 25, 2019 By Taiga Uranaka and Komaki Ito Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits...
Lloyd’s Suspends Broker Over Harassing Email June 25, 2019 By Gavin Finch Lloyd’s of London has suspended a senior broker at Guy Carpenter & Co. for sending colleagues a sexually suggestive email...
Liberty Mutual Re Taps Voges from AXA as Senior Marine & Energy Underwriter June 24, 2019 Liberty Mutual Re, part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader Marine...
As Lloyd’s Jettisons Some Marine Insurance Lines, Opportunities Created for Rivals June 24, 2019 By Carolyn Cohn, Jonathan Saul and Suzanne Barlyn Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after...
AXIS Re Hires Hands from CNA Hardy as Head of Australia June 24, 2019 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with...
UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Investigation Uncovers Mystery of Quadriga’s Missing Cryptocurrencies Worth Millions June 21, 2019 By Doug Alexander It’s looking more and more like QuadrigaCX founder Gerald Cotten mismanaged the digital-asset exchange before he died, with cryptocurrencies from...
Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security June 21, 2019 By Aya Batrawy A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran...
Hamilton Re Sponsors Issuance of Its First Cat Bond June 21, 2019 Hamilton Re has sponsored issuance of its first catastrophe bond. The reinsurance platform of Bermuda-based holding company Hamilton Insurance Group...