Last Year Was Safest Ever to Fly, With No Jetliner Fatalities March 1, 2024 By Kate Duffy Last year was the safest ever for commercial flying by a number of measures, the airline industry’s global lobby said,...
Marsh McLennan, Ukraine, Lloyd’s Expand Insurance Facility for Non-Military Shipments March 1, 2024 Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility –...
UK Plc Attracts Wave of Takeover Offers From Foreign Suitors March 1, 2024 By Alexandra Muller and Dinesh Nair The UK has become a hotbed for mergers and acquisitions this year as dealmakers hunt for bargains in the country’s...
Climate Tech Firm to Pilot Fast-Paying Flood Insurance in Africa March 1, 2024 By Leslie Kaufman Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought,...
Taiwan Military Says Hackers Sold Telecom Giant’s Data on Web March 1, 2024 By Cindy Wang Taiwan’s military said hackers sold data stolen from the island’s biggest telecom company on the internet, the latest challenge to...
People Moves: Fusion Specialty Appoints Harwood for APAC M&A Team; Specialty MGA Nirvana Hires García-Beltrán to Grow European Cyber SME Portfolio February 29, 2024 This edition of International People Moves details appointments at the managing general agents Fusion Specialty and Nirvana. A summary of...
AXIS Capital Names Becker as Chair-Elect of Board of Directors, Succeeding Smith February 29, 2024 AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced that W. Marston (Marty) Becker will succeed Henry B. Smith as...
Companies in Ukraine See Problems Pile Up; Insurance Issues Make Matters Worse February 29, 2024 By Marc Jones and Olena Harmash German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where...
Howden Acquires Ireland’s Intersure Group February 29, 2024 Howden, the London-based insurance intermediary group, announced it has acquired Intersure Group Ltd., trading as Intersure Group, further strengthening its...
Google Hit With $2.3B Lawsuit by 32 European Media Groups February 29, 2024 By Foo Yun Chee BRUSSELS – Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and...