Killourhy to Take Helm at QBE Re, Succeeding Postlewhite; Liberty Mutual GRS Taps CRO From Aspen, CUO From Liberty Specialty August 18, 2022 This edition of International People Moves details appointments at QBE Re and Liberty Mutual’s Global Risk Solutions. A summary of...
Costa Rica Weighs Raising $2.7 Billion via Sale of State-Owned Insurer, Banks’ Assets August 18, 2022 Costa Rica’s President Rodrigo Chaves said on Tuesday he plans to present a bill to sell state-owned banks Banco de...
Front Runner to Be Next UK PM Wants to Review Financial Watchdogs’ Roles: Source August 18, 2022 By Elizabeth Piper and Huw Jones Liz Truss, the front-runner to become Britain’s next prime minister, wants to examine the roles of the country’s three financial...
UK Water Supplier Hit by Cyber Attack, Highlighting Critical Infrastructure Vulnerabilities August 18, 2022 By Ryan Gallagher A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a...
Peoples Moves: AXA XL Promotes Lahrmann as Senior Property U/W, UK & Lloyd’s; Chubb Global Markets Hires Audis From Nexus as General Aviation U/W August 17, 2022 This edition of International People Moves details appointments at AXA XL and Chubb Global Markets. A summary of these new...
Ocean Re Buys UK-Based Oceva Risk Solutions August 17, 2022 Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London...
Munich Re Keeps No. 1 Spot in Ranking of 50 Global Reinsurers, With Swiss Re at No. 2 August 17, 2022 Munich Re for the second-straight year holds the top spot in AM Best’s annual ranking of the Top 50 Global...
Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval August 17, 2022 Beazley has been granted “in principle” approval from Lloyd’s to transition its Smart Tracker Special Purpose Arrangement (SPA) 5623 to...
Run-off Specialist Premia Completes Loss Portfolio Transfer With Hiscox August 17, 2022 Premia Holdings Ltd., the Bermuda-based run-off specialist, announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement...
London Workers Could Save Money by Returning to Offices as Bills Soar: Research August 17, 2022 By Olivia Fletcher City of London workers looking to save money may want to embrace the office over winter as the cost of...