Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph February 18, 2022 By Paul Sandle and Muvija M An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing...
People Moves: AXA XL Promotes De Rosa to Head of Construction & Engineering, Reinsurance; IGI Taps Arch’s Tsielepis as CRO; Aqueous Hires 3 Underwriters February 18, 2022 This edition of International People Moves includes appointments at AXA XL, International General Insurance Holdings and MGA Aqueous Underwriting. A...
Beware of ‘Zero-Click’ Hacks That Exploit Security Flaws in Phones’ Operating Systems February 18, 2022 By Ryan Gallagher As a journalist working for the Arab news network Alaraby, Rania Dridi said she’s taken precautions to avoid being targeted...
ED&F Man Wins Claim Against Singapore Commodities Trader in $283M Metals Fraud February 18, 2022 By Eric Onstad A British high court judge ruled on Wednesday in favor of broker ED&F Man in a claim against Singapore commodities...
India’s State-Run Insurer LIC Set to Launch Record $8 Billion IPO on March 11: Sources February 18, 2022 By Scott Murdoch, Aftab Ahmed and Nupur Anand A public offering of shares by India’s state-run Life Insurance Corp (LIC), set to be the country’s biggest yet at...
Canada’s Crackdown on Trucker-Protest Funding May Be Challenge for Insurers, Banks February 18, 2022 By Nichola Saminather Canada roped in banks to help cut funding to protesters against COVID-19 mandates this week, but the requested speed and...
Update: Devastating Mudslides, Floods Bring Rising Death Toll in Brazil February 18, 2022 By Mauricio Savarese and Mario Lobao PETROPOLIS, Brazil (AP) – Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away...
Allianz Sets Aside $4.2B to Handle Probes, Lawsuits After Collapse of Investment Funds February 18, 2022 By Tom Sims and Alexander Hübner German insurer and asset manager Allianz ALVG.DE on Thursday said it would set aside 3.7 billion euros ($4.20 billion) to...
UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday February 17, 2022 By Rachel Morison and Brian K. Sullivan Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles...
Asta and JPO Consulting Launch ARTes, an MGA Specializing in U.S. Inland Marine February 17, 2022 Asta, the third-party managing agent at Lloyd’s, and JPO Consulting, announced the launch of ARTes Specialty Ltd., an independent UK-based...