Markets/Coverages: Aspen Partners With Surefire Cyber to Offer Cyber Risk Services January 10, 2024 Aspen Insurance Holdings Ltd. has partnered with Surefire Cyber to launch Aspen Cyber Risk Services (ACRS), a complimentary suite of...
Shares in UK Insurers Tumble on Report of Regulator Comments on Premium Finance January 10, 2024 Shares in UK insurers fell on Wednesday, with traders pointing to an article in the Insurance Post that quoted the...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M January 10, 2024 Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by...
Storm Henk Causes Estimated £150 Million in UK Insured Losses: PwC January 10, 2024 By Carolyn Cohn and Simon Jessop Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around...
Extreme Weather and Misinformation Top Global Risks: World Economic Forum January 10, 2024 By Victoria Waldersee Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of...
Markets/Coverages: RSA Insurance and Brit Launch Project Cargo Consortium January 9, 2024 RSA Insurance’s UK Specialty Lines business and Brit Ltd. have announced the launch of a new Project Cargo consortium, called...
People Moves: Trueman Joins CFC as CUO After Recent Management Shakeup; Aon Promotes Kielty to UK CEO; QBE Re Taps AXIS’ DeSilva as Specialty Underwriter January 9, 2024 This edition of International People Moves details appointments at CFC, Aon and QBE Re. A summary of these new hires...
Meyenhofer to Become PartnerRe’s CEO as Bonneau Retires; Colello Named President January 9, 2024 PartnerRe Ltd. announced that effective April 1, 2024, Jacques Bonneau will retire from the company and Philippe Meyenhofer will succeed...
Update: Floods Strand Cows, Damage Crops as Wild Weather Hits Australia January 9, 2024 By Keira Wright and Amy Bainbridge Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run...
Insured Price Tag for Natural Disasters Was $95B in 2023 With Economic Cost of $250B January 9, 2024 By L.S. Howard Natural catastrophes in 2023 caused global economic losses of US$250 billion, with insurers and reinsurers paying US$95 billion of that...