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...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
People Moves: QBE Hires RSA’s Germain as Group CIO; MS Amlin Taps AXIS’ Ferguson for Open Mkt. Property; Generali Names 3 for Italy, Global Business Lines May 16, 2022 This edition of International People Moves details appointments at QBE Insurance, MS Amlin, and Generali. A summary of these new...
Drugmaker Sanofi Ordered to Compensate French Family for Epilepsy Drug Side Effects May 16, 2022 PARIS – A French court has ordered Sanofi to pay more than 400,000 euros ($416,440) in damages to a family...
Climate Change Exacerbated Deadly Floods in South Africa: Study May 16, 2022 By Antony Sguazzin and Khuleko Siwele South Africa’s deadliest floods in almost three decades was exacerbated by climate change and similarly heavy rainfall can be expected...
EU Agrees to Tougher Cyber-Security Rules for Key Sectors, Including Financial Services May 16, 2022 By Foo Yun Chee EU countries and lawmakers agreed on Friday to tougher cyber-security rules for large energy, transport and financial firms, digital providers...
Russia’s Aeroflot Buys 8 Stranded Airbus A330 Aircraft From Leasing Firms May 16, 2022 By Kevin Liffey Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part...
India’s LIC Prices IPO at Top of Indicated Range: Source May 13, 2022 By Scott Murdoch and Nupur Anand India’s Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949...
People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice May 13, 2022 AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of...
Africa Specialty Risks Increases Energy Portfolio’s Capacity to $38 Million May 13, 2022 Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced its energy division’s capacity increased to $38 million, provided through...