Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing October 28, 2025 By Paul Carsten, Lucy Craymer, Gleb Stolyarov and Anna Hirtenstein Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned...
Ryan Specialty Agrees to Acquire Canadian MGU Stewart Specialty Risk Underwriting October 28, 2025 By L.S. Howard Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting...
Ex-PIMCO Executive Plans to Launch Europe’s First ETF Based on Catastrophe Bonds October 28, 2025 By Gautam Naik Europe may soon get its first exchange-traded fund based on catastrophe bonds. An application to register the ETF was filed...
Update: Hurricane Melissa Bears Down on Jamaica as Category 5 Storm October 28, 2025 By Brian K. Sullivan and Jim Wyss Hurricane Melissa is churning toward Jamaica as the island’s worst-ever storm, with high winds and flooding rains already pummeling coastal...
Catastrophe Bond Investors Told to Brace for Jamaica Payout October 28, 2025 By Gautam Naik Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward...
Canada Pension Fund Sued by Young People Over Climate Risks October 28, 2025 By Olivia Raimonde and Layan Odeh The Canada Pension Plan Investment Board was sued by a group of young people who claim the pension fund is...
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B October 27, 2025 By Chad Hemenway American International Group today said it has a definite agreement to acquire the renewal rights of Everest Group’s retail commercial...
Banks Rocked by ‘Extreme’ Car Loan Costs Gear Up for FCA Fight October 27, 2025 By Upmanyu Trivedi and Jamie Nimmo The UK’s biggest banks are gearing up for yet another fight with regulators over how they’ll compensate consumers who were...
People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO October 27, 2025 This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new...
Suspects in Louvre Heist in Custody After Week-Long Manhunt October 27, 2025 By Benoit Berthelot French authorities have arrested several suspects after a frantic manhunt for the men who staged a spectacular daytime heist at...