Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
World’s Rivers Faced Driest Year in 30 Years in 2023: UN Weather Agency October 10, 2024 By Jamey Keaten The U.N. weather agency is reporting that 2023 was the driest year in more than three decades for the world’s...
Munich Re Specialty to Enter Spanish Insurance Market October 10, 2024 Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin...
Lloyd’s of London Must Stop Supporting Fossil Fuel Expansion, NGO Says October 10, 2024 By Virginia Furness The Lloyd’s of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel...
Munich Re Closes Down its High Net Worth MGA, GrovesJohnWestrup October 9, 2024 By L.S. Howard Munich Re has put its high-net worth managing general agent, GrovesJohnWestrup Private Clients. “A recent strategic review of our businesses...
Optio Acquires Italian MGA Heca October 9, 2024 Optio Group, the London-based specialty managing general agent, announced it has acquired a strategic investment in the Italian MGA, Heca...
People Moves: Arch Insurance Int’l Promotes Brooks to Lead Fine Art & Specie; Aon Names Schultz Vice Chair of Reinsurance, Pennay Becomes CEO of Aon Securities October 9, 2024 This edition of International People Moves details appointments at Arch International Insurance and Aon. A summary of these new hires...
Intersys Expands in UK Insurance Market With Launch of London Office October 9, 2024 Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening...
Workplace Flexibility Is Key to Employee Retention: Research October 9, 2024 Less than a month after Amazon announced employees would need to give up their flexible work arrangements and return to...
Russia and Iran Are Ramping Up Threats to UK, Spy Chief Warns October 9, 2024 By Alex Wickham Threats to the UK from Russia and Iran and the danger posed by the Islamic State group have increased in...