Mediterranean Marine Fuel Suppliers Stop Serving Russian Ships: Sources April 4, 2022 By Jonathan Saul Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in...
HSBC’s New Insurance Chief Executive Eyes ‘Crucial’ New Deals in China April 1, 2022 By Denise Wee Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a...
People Moves: AXIS Specialty Europe Names Mullarkey as CEO; SCOR Syndicate Appoints Arch’s Biggas as Active Underwriter April 1, 2022 This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate. A summary of these new...
Howden’s Motor Specialist MGA KGM Underwriting Acquires UK Motor MGA Eridge April 1, 2022 KGM Underwriting Services, a UK specialist motor insurer and subsidiary of Howden Group, announced the acquisition of Eridge Underwriting Agency,...
Property Catastrophe Reinsurers Show Greater Risk Appetites as Price Hikes Continue April 1, 2022 Reinsurers have boosted their 2022 probable maximum loss (PML) exposures as higher prices continues to attract more capital to property-catastrophe...
Ukraine to Guarantee Insurance Payouts to Cargo Ships Damaged at Its Danube Ports April 1, 2022 Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities...
Zurich Insurance Accelerates Operational Net-Zero Target to 2030 Instead of 2050 April 1, 2022 Zurich Insurance Group announced it is bringing forward by 20 years its target to achieve net-zero emissions in its operations....
U.N. to Hold Companies to Their Net-Zero Pledges With Group of 16 Experts April 1, 2022 By Valerie Volcovici The United Nations on Thursday announced the members of an expert group that will scrutinize corporate pledges to achieve net-zero...
Global Insurance Losses From Russia-Ukraine War Could Range From $16B to $35B April 1, 2022 By L.S. Howard Global insurance losses from the Russia-Ukraine war could range from $16 billion to $35 billion, with reinsurers expected to assume...
People Moves: Former Pool Re CEO Enoizi Named Carpenter’s Head of Public Sector; AGCS Hires BHSI’s Maxwell as Global Head of Financial Lines March 31, 2022 This edition of Internation People Moves details appointments at Guy Carpenter and Allianz Global Corporate & Specialty. A summary of...