Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin June 11, 2024 Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the...
Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners June 11, 2024 Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee...
Fortegra Granted License to Operate in Belgium and European Union June 11, 2024 The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to...
Rightward Shift After Election Could Limit Future EU Climate Policies June 11, 2024 By Kate Abnett A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s...
Singapore Airlines Offers Compensation for Flight Hit by Turbulence June 11, 2024 Singapore Airlines has sent compensation offers to passengers on a flight last month from London to Singapore that ran into...
Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market June 11, 2024 By David Herbling and Helen Nyambura-Mwaura Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo...
Major World Economies Seek to Halt New Private Sector Coal Financing June 11, 2024 By Kate Abnett and Simon Jessop Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt...
People Moves: AXA XL Promotes Pearman to New Role of CUO, Bermuda; Lockton Re Taps Former Aon Execs for Marine & Energy Division, Lloyd’s Capital Unit June 10, 2024 This edition of International People details appointments at AXA XL and Lockton Re. A summary of these new hires follows...
Car Maker Stellantis Extends Preventive Recall to Other Models Over Airbag Worries June 10, 2024 Car maker Stellantis has preventively extended a recall of vehicles with potentially faulty airbags to more Citroen and DS models,...
Marsh McLennan’s Carpenter Launches Capital & Advisory Group, Led by Schnieders June 10, 2024 Guy Carpenter, the reinsurance business unit of Marsh McLennan, announced the formation of the Capital & Advisory group as part...