Billionaire Reuben Brothers Sue Trafigura Over Nickel Fraud June 19, 2023 By Jack Farchy, Alfred Cang and Joe Deaux Trafigura Group is being sued by the billionaire Reuben brothers, as the fallout of a massive nickel fraud reverberates through...
Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley June 16, 2023 Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new...
Jamaica Finance Minister Sees ‘Definite Interest’ in Regional Caribbean Catastrophe Bond June 16, 2023 By David Lawder Jamaican Finance Minister Nigel Clarke said he is seeing “definite interest” from other Caribbean countries to join in issuing a...
Howden Acquires German Marine Broker Northern Lloyd June 16, 2023 Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker...
Cyclone Biparjoy Makes India Landfall, Damaging Power Lines, Uprooting Trees June 16, 2023 By Francis Mascarenhas, Sumit Khanna and Gibran Naiyyar Peshimam Strong winds, heavy rain and high tides lashed India’s Gujarat coast late on Thursday as Cyclone Biparjoy made landfall after...
Odey Resigns From Lloyd’s Investment Fund Amid Sexual Harassment Allegations June 16, 2023 By Ben Stupples Crispin Odey has stepped back from an investment fund focused on the Lloyd’s of London insurance market in a sign...
New Zealand’s Smartpay Hit With Ransomware in Latest Antipodean Cyber Attack June 16, 2023 New Zealand-based payments solutions provider Smartpay Holdings said on Friday that it faced a ransomware attack last week, becoming the...
People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative June 15, 2023 This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion June 15, 2023 By Jan-Henrik Förster, Aaron Kirchfeld and Sonia Sirletti Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for...
Legal & General Hires Santander’s Simoes as CEO June 15, 2023 British insurer Legal & General has hired Banco Santander’s António Simões as its new CEO, it said on Thursday, replacing...