South Africa’s State-Owned Insurer Won’t Pay Claims for Grid Collapse May 8, 2023 By Colleen Goko South Africa Special Risk Insurance Association told clients it won’t pay claims for damage related to a collapse of the...
Aon Launches Dedicated Unit to Drive Climate Analytics and Advisory May 5, 2023 Aon plc, the global professional services firm, has launched a Climate Risk Advisory team to provide physical risk diagnostics and...
Venezuela’s Oil Tankers at Risk of Spills, Sinking, Fires, Collisions: Report May 5, 2023 By Mircely Guanipa More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately...
People Moves: BMS Re Promotes Wheeler to President; Arch Names Heads of Onshore, Offshore Energy; SiriusPoint Appoints Former Hiscox CEO Masojada to Board May 5, 2023 This edition of International People Moves details appointments at BMS Re, Arch Insurance International, and SiriusPoint. A summary of these...
Pilot Groups Raise Alarm About Push for One-Person Cockpits May 5, 2023 By Mathieu Dion Global pilot organizations called on regulators to continue requiring multiple aviators on commercial flights, saying that efforts to shrink to...
UK Watchdog Aims to Improve Whistleblower Procedures After Backlash May 5, 2023 By Leonard Kehnscherper Britain’s markets watchdog is aiming to improve its procedures for finance workers who report on suspected wrongdoing after finding that...
Exxon, Guyana Environmental Agency in Breach of Oil-Spill Insurance Obligations: Court May 5, 2023 By Kiana Wilburg An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part...
More Insurers Weigh Joint Strategy to Climate Change as They Assess Antitrust Risk May 5, 2023 By Alastair Marsh Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for...
Tizzio Becomes President and CEO of AXIS Capital, Succeeding Benchimol May 4, 2023 AXIS Capital Holdings Ltd. announced that Vincent C. Tizzio assumed the role of president and CEO of AXIS as part...
Aon Realigns Leadership to Build Integrated Risk and Human Capital Capabilities May 4, 2023 Aon has named Andy Marcell CEO of Risk Capital (Commercial Risk and Reinsurance) and Lambros Lambrou CEO of Human Capital...