Specialist Risk Group Launches Entertainment, Media, and Sport Division September 6, 2023 Specialist Risk Group (SRG), the London-based insurance intermediary, announced the launch of a new division serving the global entertainment, media,...
Update: Lessor AerCap Settles Claim of $645M for Aeroflot Jets Stranded in Russia September 6, 2023 By Conor Humphries The world’s largest aircraft lessor has agreed to settle an insurance claim over Russia’s refusal to return 17 jets leased...
Global Watchdog Warns Over ‘Very High Leverage’ in Hedge Funds September 6, 2023 By Huw Jones Leverage is now very high in parts of the $7 trillion hedge fund sector, G20 risk watchdog Financial Stability Board...
UK Parliament Calls in Surveyors to Test for Dangerous Concrete September 6, 2023 By Alex Wickham Tests are being carried out to determine whether the UK Houses of Parliament contain the form of crumbling concrete that...
Guy Carpenter Names Enoizi CEO of Europe September 5, 2023 Guy Carpenter, the reinsurance business of Marsh McLennan, announced the appointment of Julian Enoizi as CEO of Guy Carpenter Europe...
World Losing Race to Meet Climate Goals, COP28 President Says September 5, 2023 By Duncan Miriri The world is losing the race to meet its climate change goals, the president of the upcoming COP28 summit said...
People Moves: DUAL Appoints McGinn From Allianz as UK CEO; Howden Germany Taps Aon’s Breeck to Lead New Large Corporate Clients Unit September 5, 2023 This edition of International People Moves details appointments at the Howden MGA DUAL and at the broker Howden Germany. A...
Arthur J. Gallagher & Co. Buys UK-Based Lifesure Group Ltd. September 5, 2023 Arthur J. Gallagher & Co. announced the acquisition of UK-based Lifesure Group Ltd. Terms of the transaction were not disclosed....
Wildfires Cost Europe €4.1 Billion as Temperatures Hit Records September 5, 2023 By Ellie Harmsworth Wildfires have cost Europe an estimated €4.1 billion ($4.43 billion) in damages so far this year, as extreme heat seared...
China’s Huawei Files Lawsuit in Portugal Over Ban on Supplying 5G Equipment September 5, 2023 By Sergio Goncalves Chinese technology giant Huawei has filed a lawsuit with a Lisbon court against a resolution by Portugal’s cybersecurity council CSSC...