Oil Tanker Owners Show Signs of Shunning Russia’s Crude in Response to G-7 Sanctions December 16, 2022 There are tentative signs that oil tanker companies are avoiding sending their ships to collect crude from a key Russian...
Markets/Coverages: QBE Europe Launches Warranty & Indemnity Product; Miller Launches D&O Product for UK Construction Sector December 16, 2022 QBE Europe Launches Warranty & Indemnity Product QBE announced the introduction of Warranty and Indemnity (W&I) insurance in Europe for...
Ship Reinsurers to Cease Covering War-Related Risks Related to Conflict in Ukraine December 16, 2022 By Steven Arons, Áine Quinn and Alex Longley Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels...
People Moves: Int’l Underwriting Assoc. Names LSM’s Hobbs as Chair, Succeeding Kuchinski; Howden Appoints Lehmann as Head of Climate Analytics December 15, 2022 Phil Hobbs, president and managing director of Liberty Special Markets (LSM), has been elected as the new chair of the...
Kuczinski to Retire as CEO of Munich Re US P&C Companies December 15, 2022 Munich Reinsurance America Inc. announced the retirement of Anthony J. Kuczinski as chief executive officer of Munich Re US P&C...
D&O Buyers See More Capacity, Competitive Conditions, but Risk Factors Loom: Allianz December 15, 2022 By L.S. Howard Public and private D&O buyers are seeing more competitive conditions, fueled by a reduced number of U.S. securities class actions,...
City of London Workers Pushing for Cross-Border Remote Working: Survey December 15, 2022 By Leonard Kehnscherper Finance workers are pushing for simpler rules for cross-border remote working, the latest sign that the pandemic-fueled appetite for flexible...
Arthur J. Gallagher & Co. Acquires Aviation Insurance Australia December 15, 2022 Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia. Terms of...
Rising Climate Costs to Challenge Companies, Countries in 2023 December 15, 2022 By Katy Daigle In a year marked by yet more climate-linked floods, hurricanes and droughts, governments and companies were forced to look more...
Jensten Group Acquires UK Specialist Broker Basil Fry & Co. December 14, 2022 The Jensten Group, the London-based independent insurance broking group, has acquired specialist commercial broker Basil Fry & Co. for an...