People Moves: AXA XL Appoints Owen for Bermuda Professional Lines Team; Miller Names Beazley’s O’Connor as Chief Information Officer November 1, 2022 This edition of International People Moves details appointments at AXA XL in Bermuda and the London-based insurance broker, Miller. A...
South Korea Blames Lack of Crowd Control as Factor in Fatal Crush November 1, 2022 By Shinhye Kang and Sohee Kim Top South Korean officials said a lack of proper crowd management was likely a factor behind a deadly surge of...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
Initial Insured Loss for Typhoon Nanmadol Estimated ¥114B (US$768M) November 1, 2022 Initial insurance industry losses from Typhoon No. 14, aka Nanmadol, which hit Japan in September 2022, are an estimated 114...
Jensten Group Completes Acquisition of UK Broker J Bennett & Son November 1, 2022 The Jensten Group, the London-based independent insurance broking group, has completed the acquisiton of J Bennett & Son Insurance Brokers...
Tropical Storm Lisa on Track to Strike Belize as 12th Atlantic Storm of 2022 November 1, 2022 By Brian K. Sullivan Tropical Storm Lisa has spun up in the Caribbean Sea south of Jamaica, on track to strike Belize late Wednesday...
Carlyle Aviation Sues Insurers Over Seized Planes Leased to Russian Airlines November 1, 2022 By Joe Schneider Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments October 31, 2022 Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black...
Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused October 31, 2022 By Pavel Polityuk Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have...
Financial Services Executives Toast City of London’s Prospects Under PM Sunak October 31, 2022 By Katherine Griffiths and Joe Mayes When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they...