UK to Ban Cold Calls Selling Insurance and Crypto to Clamp Down on Fraud May 3, 2023 By Kitty Donaldson The UK is to set to ban cold calls that sell financial products including insurance and cryptocurrencies in an effort...
What to Expect: WTW Spring Commercial Insurance Forecasts Mixed May 3, 2023 In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for...
Singer-Songwriter Ed Sheeran: Other Artists Are Cheering on Copyright Fight May 3, 2023 By Larry Neumeister Ed Sheeran said Monday he’s getting encouragement during his copyright trial from other performers who also worry that they’ll be...
People Moves: BHSI Promotes 2 Regional Leaders for Europe, Middle East; Lockton Re Taps Guy Carpenter’s Hunter as a Senior Broker May 2, 2023 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of...
BMS Group Acquires Australian MGA GARD Insurance May 2, 2023 BMS Group, the London-based independent specialist re/insurance broker, has acquired the Australian managing general agent GARD Insurance Pty Ltd., which...
Markets/Coverages: RSA Insurance Launches Superyacht Practice, Led by Chubb’s Grew May 2, 2023 RSA Insurance announced it is launching a Superyacht practice, providing comprehensive cover for the larger end of the market, which...
Burning Oil Tanker off Malaysia Rings Alarm Bells About Shadow Fleet May 2, 2023 By Ann Koh Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
Scientists Probe Sudden Spike in Ocean Temperatures May 2, 2023 By Seth Borenstein The world’s oceans have suddenly spiked much hotter and well above record levels in the last few weeks, with scientists...
Credit Suisse Bondholders Who Lost $1.7B in UBS Deal File Lawsuits May 2, 2023 By Hugo Miller and Sabah Meddings Hundreds more Credit Suisse Group AG bondholders sued Switzerland’s banking regulator after their securities valued at about $1.7 billion were...
Oil Tanker Seized by Iran Had Indian Crew, Turkey-Based Operator Says May 1, 2023 By Verity Ratcliffe An oil tanker seized by Iran on Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according...