Lloyds of London, the re/insurance marketplace, announced that Sir Charles Roxburgh has been named its next chair, subject to regulatory approval. Sir Charles will take up the position on May 1, 2025, succeeding Bruce Carnegie-Brown after his eight-year term. Sir …
Lockton, the Kansas City, Missouri-based insurance brokerage firm, announced it has received regulatory approval to operate a reinsurance brokerage business in Colombia. “Lockton’s continued growth in Latin America is bolstered by this expansion of our capabilities in Colombia,” said Andrew …
This edition of International People Moves details appointments at the Bermuda-based re/insurer Vantage Group Holdings and the insurance broker Miller. A summary of these new hires follows here. Vantage Promotes Granda to Head of Political Risk and Credit Vantage Group …
Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk. The new product offers coverage for physical loss or damage …
Japanese radio equipment maker Icom Inc. said on Thursday that it was investigating the facts regarding news reports that two-way radio devices bearing its logo have exploded in Lebanon. Hand-held radios used by armed group Hezbollah detonated on Wednesday across …
From the moment pagers began exploding across Lebanon Tuesday, theories began to circulate on how devices considered outmoded in much of the world were turned into dangerous weapons that killed several people and wounded almost 3,000. As Lebanon accused Israel …
Firefighters are battling blazes in the region of Aveiro and other areas of northern Portugal for a fourth day after temperatures increased earlier this week. About 4,000 firefighters as well as 22 aircraft were facing active wildfires as of 9 …
A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance Association of Japan published the guideline …
Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in which climate change is altering the weather. Different meteorological phenomena are behind the series of storms, according to climate scientists, …
The Awbury Group and Polo Managing Agency Ltd. have announced that Lloyd’s has granted “in principle” approval for Awbury Syndicate 2025 to commence underwriting from Jan. 1, 2025. Awbury Syndicate 2025 is focused on credit risks and will initially target …
