SiriusPoint Announces Resignation of Chairman and CEO Sankaran May 18, 2022 SiriusPoint Ltd., the Bermuda-based international specialty re/insurer, announced that Siddhartha (Sid) Sankaran, chairman and CEO, has resigned from the company...
Starr Insurance Cos. Acquires Thai Non-Life Insurer May 18, 2022 Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance...
Probe Into China Eastern Airlines’ Crash Examines Actions of Crew May 18, 2022 By David Shepardson Investigators looking into the crash of a China Eastern Airlines jet are examining the actions of the crew on the...
Rise of Remote Work to Define Future of City of London May 18, 2022 By Tom Metcalf More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the...
UK Investigates Source of Monkeypox Cases May 17, 2022 By Damian Shepherd Four more cases of monkeypox have been identified in Britain, bringing the total to seven, according to the UK Health...
People Moves: Liberty Mutual Re Hires AXA XL’s Sharman for Casualty Re; SiriusPoint Taps AXA XL’s Pascall as Head of London and Int’l Casualty May 17, 2022 This edition of International People Moves details appointments at Liberty Mutual Re and SiriusPoint. A summary of these new hires...
Allianz to Pay Over $6B for Structured Alpha Fraud, Former Fund Manager Indicted May 17, 2022 By Tom Sims, Alexander Hübner and Jonathan Stempel Germany’s Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey May 17, 2022 By L.S. Howard Cyber attacks are now seen as the dominant risk for many businesses – ahead of the pandemic, economic downturn, skills...
India’s LIC Shares Slump After Record, but Disappointing, IPO May 17, 2022 By Nupur Anand and Chris Thomas Shares in Life Insurance Corp. of India (LIC) slid 6% in their market debut on Tuesday, a fresh setback for...
Climate Change Is Hurting Insurance Industry: Report May 17, 2022 Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini...