Heavy Rain Continues to Flood New Zealand, Forcing Evacuations August 19, 2022 By Nick Perry WELLINGTON, New Zealand (AP) – Heavy rain continued to pelt New Zealand on Thursday, causing further disruptions and road closures...
China Sentences Tycoon Xiao to 13 Years, Fines His Financial Services Group $8.1 Billion August 19, 2022 A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, not seen in public since 2017, to 13 years in...
U.S. Businesses in Taiwan See Limited Impact From Tensions With China August 19, 2022 Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent...
MGA Euclid Transactional Opens Stockholm Office August 18, 2022 Euclid Transactional, a New York City-based managing general agent that specializes in transactional insurance underwriting, announced the opening of a...
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...