Generali Agrees to Sell 99.99% Stake in Turkish Unit September 18, 2024 Generali has reached an agreement to sell its 99.99% stake in its Turkish business, Generali Sigorta A.Ş., in a deal...
Russian Insurers Play Growing Role in Facilitating Oil Exports to Top Buyer India September 18, 2024 By Nidhi Verma and Gleb Stolyarov Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from...
Central Europe Flood Deaths Rise as Citizens Race to Build Defenses September 18, 2024 By Kacper Pempel Volunteers and emergency personnel raced to secure river banks and buildings in Poland and Hungary on Tuesday as flood waters...
Canada Relaxes Some Mortgage Insurance Rules to Tackle Housing Crisis September 18, 2024 By Promit Mukherjee Canadian Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make...
Update: Africa Floods Displace Millions, Prompt Warnings of Disease, Dam Bursts September 18, 2024 By Ougna Camara, Pius Lukong and Yinka Ibukun Floods in Africa that are displacing millions of people from Guinea on the west coast to the Central African Republic...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk September 18, 2024 By Alex Longley Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers...
Viewpoint: How Insurance Industry Can Use AI Safely and Ethically September 18, 2024 By Doug Marquis Executive Summary: Artificial intelligence (AI) is on the brink of transforming most aspects of business, including insurance, but it needs...
People Moves: AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding Gregory; Marsh McLennan Names De Bremme as CEO of Belgium & Luxembourg September 17, 2024 This edition of International People Moves details appointments at AXIS Capital Holdings and Marsh McLennan. A summary of these new...
Russia’s RusChemAlliance Sues 5 European Banks Over Aborted Gas Project September 17, 2024 Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project...
Howden Buys Foresight in Japan, Names Gallagher’s Aibe as CEO of Japan Retail Unit September 17, 2024 Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management...