Update: Hurricane Fiona Roars Toward Atlantic Canada as New Storm Threatens Florida September 23, 2022 By Brian K. Sullivan After lashing Bermuda, Hurricane Fiona is racing north toward Eastern Canada, threatening to become the most powerful storm ever to...
People Moves: Strategic Risk Solutions Taps Marsh’s Meindersma to Lead Canada Expansion; Markel Int’l Promotes 3 in Wholesale Claims Leadership Team September 22, 2022 This edition of International People Moves details appointments at Strategic Risk Solutions and Markel International. A summary of these new...
Britain Lifts Ban on Gas Fracking in England in Push for Energy Independence September 22, 2022 By Paul Sandle, Muvija M and Susanna Twidale Britain on Thursday formally lifted a moratorium on fracking for shale gas in England that has been in place since...
Dale Partners Ltd. Gets Regulatory Nod to Launch Lloyd’s Managing Agency September 22, 2022 Dale Partners Ltd. (DPL) announced it has received approval from the UK Prudential Regulation Authority (PRA), the Financial Conduct Authority...
Barbados Issues 1st Pandemic-Protected Bond, Which Also Covers Natural Disasters September 22, 2022 By Marc Jones Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of...
Markets/Coverages: BHSI Launches Multiple New Policies in Spain September 22, 2022 Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of new property damage, general liability, D&O, professional indemnity and marine cargo...
Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources September 22, 2022 By Manuel Baigorri and Elffie Chew AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the...
Fortegra Receives UK Branch Authorization September 22, 2022 The Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced that its European insurer, Fortegra Europe...
Update: Fiona Becomes Strongest 2022 Atlantic Hurricane, Threatening Bermuda, Canada September 21, 2022 By Brian K. Sullivan Hurricane Fiona has intensified to become this year’s strongest Atlantic storm as it moves north to threaten Bermuda and eastern...
Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire September 21, 2022 Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell...