People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s May 12, 2022 Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years...
Howden Acquires Singapore-Based AEGIS Insurance Agencies May 12, 2022 Howden Insurance Brokers (Singapore) Pte Ltd., the international insurance broker and subsidiary of Howden, announced it has acquired the business...
BMS Launches Operations in New Zealand May 12, 2022 BMS, the London-based independent insurance and reinsurance broker, announced it has commenced operations in New Zealand, with the launch of...
Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn May 12, 2022 By Simon Jessop and Kate Abnett The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s...
Extreme Weather Threatens Global Wheat Crops – With One Notable Exception May 12, 2022 By Megan Durisin, Kim Chipman, Jen Skerritt and James Poole As Russia’s invasion chokes off Ukrainian wheat exports, pushing up bread and noodle prices, the global harvest faces an added...
Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc May 12, 2022 By Will Louch Aviva Plc Chief Executive Officer Amanda Blanc said that the sexism she encounters has worsened as she has risen through...
Lloyd’s of London AGM to Go Virtual on Threat of Climate Protests May 11, 2022 Commercial insurance market Lloyd’s of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next...
Howden Launches End-to-End Digital Trading Platform for Cargo Risks May 11, 2022 Howden, the London-based international insurance broker, announced the launch of xTrade Cargo, the first end-to-end digital trading platform dedicated to...
Major European Power Cable Suppliers Face UK Class Action Over Alleged Cartel May 11, 2022 By Kirstin Ridley Major European power cable suppliers face a London class action that is seeking hundreds of millions of pounds in damages...
Allianz Sets Aside Another $2 Billion for Structured Alpha Fund Debacle May 11, 2022 By Tom Sims and Alexander Hübner Germany’s Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the...