People Moves: AXA XL Re Taps Swiss Re’s Schiffer as CEO, N. America, Reinsurance; Specialist Risk Group Names Marsh McLennan’s Yap as CEO of APAC October 18, 2024 This edition of International People Moves details appointments at AXA XL Reinsurance and Specialist Risk Group. A summary of these...
Markets/Coverages: Coalition Launches UK Clawback Service to Recover Money Stolen in Cyber Attacks October 18, 2024 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the...
UK Working to Challenge Russian Shadow Oil Tanker Insurance October 18, 2024 By Alex Longley The UK said three government bodies are working together to challenge Russian shadow fleet oil tankers if it perceives they...
Multi-Class MGA, Carrow Insurance, Launches, With Former AmTrust Exec at Helm October 17, 2024 Mission Underwriters, the MGA incubator, announced the launch of Carrow Insurance, under the leadership of Ronan Conboy, the former CEO...
People Moves: LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting Mgr; Marsh Promotes Thomas-Ferrand to Lead Captive Insurance as Charnley Retires October 17, 2024 This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Marsh. A summary of these new hires...
Aon’s NFP Acquires Irish Financial, Benefits and Insurance Advisory Firm October 17, 2024 NFP, an Aon company and insurance brokerage, announced it has acquired IHI Group, the Dublin-based advisory firm that specializes in...
AXA Rebrands China Reinsurance Unit to ‘AXA International Re’ October 17, 2024 AXA Insurance announced it has rebranded its Chinese reinsurance unit, XL Re China, to AXA International Re. The name change...
Climate Change Causes 379% Hike in Insured Damages in Canada Over 10 Years: Report October 17, 2024 The annual average insurable losses in the last decade increased in Canada by a whopping 379%, when compared to the...
Britain’s Young Drivers Should Face Stricter Rules, Says CEO of AA Breakdown Service October 17, 2024 By Jamie Nimmo Young British drivers who have just passed their test should be banned from carrying passengers of a similar age and...
EU AI Act Checker Reveals Big Tech’s Compliance Pitfalls October 17, 2024 By Martin Coulter Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...