IMF Sees Risk of Supply Chain Security Leading to New Cold War April 14, 2023 By Andrea Shalal and David Lawder International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned policymakers against the danger of a new Cold War as...
Generali Prepares to Sell Pensionskasse Unit to Fosun International’s German Unit April 13, 2023 By Sonia Sirletti Assicurazioni Generali SpA is close to selling its Deutschland Pensionskasse AG unit to a German firm controlled by Chinese conglomerate...
People Moves: AIG Asia Pacific Appoints BHSI’s Colahan as Regional President; Gallagher Re Hires McMillan From Siemens as Renewable Energy Practice Leader April 13, 2023 This edition of International People Moves details appointments at AIG Asia Pacific and Gallagher Re. A summary of these new...
Germany Inches Toward Legalizing Personal Use of Cannabis April 13, 2023 By Agatha Cantrill Germany’s ruling coalition presented a scaled-back plan to decriminalize personal use of cannabis in Europe’s largest economy. The proposal would...
UK Broker Clear Group Acquires Irish Broker MBC Insurance April 13, 2023 The Clear Group, the London-based independent broker, announced the acquisition of Irish commercial broker McAuliffe Barry & Collins Ltd., which...
Markets/Coverages: Apollo Forms ICX Consortium to Drive Insurance Industry Innovation April 13, 2023 Apollo, the London-based independent specialist re/insurer, announced its new ICX Consortium through its “Apollo ibott 1971” division, which provides data-driven...
Australia’s Iron Ore Export Hub Braces for Powerful Cyclone Ilsa April 13, 2023 By Renju Jose Australia’s northwest region, home to the world’s largest iron ore export hub, braced on Thursday for the area’s most powerful...
Kremlin Warns Outlook for Extending Black Sea Grain Deal Is ‘Not so Great’ April 13, 2023 By Guy Faulconbridge and Michelle Nichols The Kremlin warned on Wednesday that the outlook for extending a deal beyond May 18 that allows the safe wartime...
People Moves: Sompo Promotes Cañellas to Iberia Country Mgr.; Oneglobal Reshuffles Leadership Team; Watkins to Lead Excess Casualty, Bermuda Healthcare at Vantage April 12, 2023 This edition of International People Moves details appointments at Sompo International, Oneglobal Broking and Vantage Group Holdings. A summary of...
Third Point’s Loeb Looks to Take Re/insurer SiriusPoint Private April 12, 2023 Activist investor Daniel Loeb is looking to take insurance firm SiriusPoint Ltd. private, the founder of hedge fund Third Point...