This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance. A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural Resources Australasia Insurance broker Willis Towers Watson has appointed …
Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal business relating to the Lloyd’s China platform (LICCL) with immediate effect and put the operation into run-off. ASML will work …
Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in Latitude Brokers, a specialist marine broker based in Asia with headquarters in Hong Kong. The acquisition has received regulatory approval …
The chief executive of the world’s largest stock owner says life is about to get a lot harder for companies that fail environmental, social and governance tests set by institutional investors. Nicolai Tangen, who runs Norges Bank Investment Management from …
French carmaker Renault on Wednesday received a blow for its popular Zoe electric model, as the European New Car Assessment Programme (NCAP) gave it a zero-star safety rating in tests that are standards for Europe. The carmaker, which is cutting …
Howden, the London-based international insurance broker, announced that further to its merger with Malene Insurance Brokers in February 2019, Malene will operate as Howden Takaful Brokers, a fully dedicated Takaful specialist. Howden Takaful Brokers’ team of 30 specialists offers bespoke …
BE Group, an investor group fronted by former financial services dealmakers, is exploring the feasibility of a fresh pursuit of Belgian insurer Ageas after a previous attempt was rebuffed, people familiar with the matter said. The consortium has been speaking …
This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new hires follows here. Norgrove to Succeed Egan as RSA CEO, UK & International Toronto-based Intact Financial Corp. announced that Ken …
Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution designed to simplify the distribution of standalone products and delegated authority business. The Sequel Hub launches with over 10 carriers …
Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports an improving sector outlook for 2022, according to Fitch Ratings. Typically, two-thirds of non-facultative reinsurance business …
