BMS Acquires Australian Retail Broker SRG Group June 16, 2022 BMS, the London-based independent specialist insurance and reinsurance broker, announced the acquisition of SRG Group, the Australian corporate retail broker...
Ukraine’s Farming Industry Suffers $4.3 Billion in Damage From Russia’s Invasion June 16, 2022 By Áine Quinn Ukraine has suffered $4.3 billion in damage to farmland, machinery and livestock as a result of Russia’s invasion, according to...
People Moves: Miller Names Markel’s Duda for ILS in Bermuda; Howden LatAm Hires Hernandez as Regional General Counsel; Aon Appoints Parsons for UK Capital Advisory June 16, 2022 This edition of International People Moves details appointments at three insurance brokers: Miller, Howden and Aon. A summary of these...
Satellite Images Reveal Extensive Damage at Major Ukraine Crop Port June 16, 2022 By Tarso Veloso The extent of the damage to one of the biggest agricultural complexes in Ukraine earlier this month was confirmed by...
Derecho Storm Ranks as Canada’s 6th Largest Insured Loss on Record June 16, 2022 The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3...
EU Aviation Watchdog Raises Alarm About Western-Made Aircraft Flying in Russia June 16, 2022 By David Shepardson The European Union’s top aviation safety regulator said on Tuesday that he is “very worried” about the safety of Western-made...
UK Lawmakers Warn About Watering Down Post-Brexit Financial Regulation June 16, 2022 By Huw Jones Brexit is no reason to radically alter British financial regulation and regulators should not be forced to water down rules...
Canada’s Axis Insurance Managers Acquires BMG Insurance Brokers June 15, 2022 Axis Insurance Managers, a Vancouver, Canada-based insurance broker, has completed the acquisition of BMG Aviation Ltd., which does business as...
UK Insurers Need to Consider Climate Change Risks: Accounting Watchdog June 15, 2022 By Leonard Kehnscherper The UK’s accounting watchdog is proposing new rules for insurance companies to make sure actuaries factor in climate change risk....
China’s Zero-COVID Policies Prompt U.S. Firms in Shanghai to Cut Forecasts: Survey June 15, 2022 SHANGHAI – Over 90% of U.S. multinational firms surveyed by the American Chamber of Commerce (AmCham) in Shanghai have cut...