People Moves: Markel’s Hastings Named President of W. R. Berkley Syndicate Mgmt; Chaucer Promotes Sharp to Head of Political Violence & Crisis Mgmt December 10, 2021 This edition of International People Moves covers appointments at W.R. Berkley and Chaucer. A summary of these new hires follows...
M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic December 10, 2021 By Carolyn Cohn The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said,...
Generali Joins Forces With Accenture and Vodafone to Provide Cyber Insurance Services December 10, 2021 Generali has joined forces with Accenture and Vodafone Business to create a package of cyber insurance services for corporate and...
Swiss Re to Sell elipsLife to Swiss Life, Enters Long-Term Reinsurance Partnership December 10, 2021 Swiss Re announced it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International...
People Moves: WTW Promotes Rourke to UK Head of P/C Pricing, Product, Claims and Underwriting; Tysers Hires Lockton’s Appleford, Lonmar’s Jenkins December 9, 2021 This edition of International People Moves details appointments at brokers Willis Towers Watson and Tysers. A summary of these new...
Google Sues Russians for Alleged ‘Borderless’ Organized Cyber Crime Operation December 9, 2021 By Jamie Tarabay Alphabet Inc.’s Google is suing two Russian nationals it claims are part of a criminal enterprise that has silently infiltrated...
Rising Reinsurance Prices and Demand Help to Create Stable Sector Outlook: AM Best December 9, 2021 AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive...
European Gig Workers Hail ‘Landmark’ Directive to Make Them Employees December 9, 2021 By Jillian Deutsch and Ivan Levingston Millions of platform workers in Europe could be on their way to being designated as employees, a move that labor...
Canada’s CPP Investments to Sell Ascot Group, Wilton Re in Strategy U-turn: Sources December 9, 2021 By David French and Chibuike Oguh Canada Pension Plan Investment Board (CPP Investments) is seeking to sell its Wilton Re and Ascot Group insurance platforms, marking...
These Workers Stand to Gain From Current UK Pay Surges. Time to Ask for Pay Raise? December 9, 2021 By Philip Aldrick and Andrew Atkinson The fastest wage gains since the 2008 global financial crisis are throwing up opportunities and obstacles throughout the UK economy,...