Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels July 26, 2022 By Kaori Kohyama As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies...
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...
One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders July 26, 2022 A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders...
Australia on High Alert for Foot-and-Mouth Disease in Its Cattle Herds July 25, 2022 By Sybilla Gross Australia is on high alert for foot-and-mouth disease in its cattle herds after traces of the virus were found on...
HSB (UK and Ireland) Creates Commercial Division to Streamline Service July 25, 2022 HSB (UK and Ireland) announced the formation of a new Commercial Division, creating closer alignment between its business development, underwriting...
People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires July 25, 2022 This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows...
BMS Re Acquires Mexican Surety Reinsurance Broker Calomex July 25, 2022 BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS...
Fidelis to Launch New MGU That Writes More Than $3 Billion of GWP July 25, 2022 Fidelis Insurance Holdings Ltd. announced its intention to create a new managing general underwriter, which, subject to regulatory approval, will...
Update: Russia Confirms Missile Strike on Port of Odesa but Says Grain Deal Stands July 25, 2022 By Pavel Polityuk and Max Hunder Ukraine said on Monday it hoped a U.N.-brokered deal aimed at easing global food shortages by resuming grain exports from...
London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain July 25, 2022 By Swetha Gopinath and Katherine Griffiths London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game...