People Moves: Liberty Specialty Markets Promotes Mahida to Head of 3rd Party Claims UK & MENA; Howden Re Announces 4 Senior Appointments in Germany October 24, 2024 This edition of International People Moves details appointments at Liberty Specialty Markets and Howden Re. A summary of these new...
Markets/Coverages: Lloyd’s Launches Disaster Resilience Vehicle for Small Island Developing States October 24, 2024 Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched disaster resilience vehicle with the United Nations Capital Development...
AI Push Sees Italy’s Intesa Axing 9,000 Jobs in ‘Generational’ Shift October 24, 2024 By Sonia Sirletti Intesa Sanpaolo SpA is replacing thousands of staff with younger hires to set the firm up for the use of...
Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh October 24, 2024 By L.S. Howard Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first...
Dark Fleet Oil Tanker Caught in Recent Collision Heads to China October 24, 2024 By Weilun Soon A dark-fleet oil tanker that was recently involved in a crash in Southeast Asia is now on its way to...
Brazil to Sign Compensation Deal With Miners Over 2015 Dam Disaster on Friday October 24, 2024 Brazilian authorities will sign on Friday a long-awaited reparation deal with miners Vale, BHP and Samarco over the 2015 Mariana...
BHP Says Claim it Put Profit Over Safety ‘Unjustified’ in Brazil Dam Collapse Case in UK October 23, 2024 By Sam Tobin BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil’s worst environmental disaster were “far-fetched...
UK Warns of Grain Threat After Russia Steps Up Port Attacks October 23, 2024 By Ellen Milligan An increase in Russian attacks on Ukrainian port infrastructure in recent weeks threatens food shipments to destinations from Gaza to...
Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva October 23, 2024 Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement...
Thousands Hit by Floods as Trami Tracks Toward Philippines October 23, 2024 By Cliff Venzon, Ditas Lopez and Mary Hui Tropical Storm Trami has dumped heavy rain across the main island of the Philippines, triggering extensive flooding that’s affected around...