People Moves: Norgrove to Succeed Egan as RSA CEO, UK & International; Marsh Promotes 3 Senior Leaders for Financial and Professional Specialty December 7, 2021 This edition of International People Moves details appointments at RSA UK & International and Marsh. A summary of these new...
Verisk’s Sequel Launches Hub to Simplify Product Distribution, Delegated Authority Biz December 7, 2021 Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution...
Property Catastrophe Reinsurance Renewal Rates to Rise by More Than 10%: Fitch December 7, 2021 Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners December 7, 2021 Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online...
Ransomware Operators Expected to Become More Aggressive: Canada Spy Agency December 7, 2021 Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to...
Ireland Braces for ‘Weather Bomb’ With Violent Winds and Rain From Storm Barra December 7, 2021 By Morwenna Coniam Ireland braced for a so-called weather bomb, with Storm Barra’s violent winds and rain slamming the country Tuesday and Wednesday....
Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments December 7, 2021 By Denise Wee AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure...
Willis Towers Watson Acquires Sydney-Based Aviation Broker Aerosure December 6, 2021 Insurance broker Willis Towers Watson announced the acquisition of Aerosure, a leading aviation industry specialist, focused on the Australia, New...
People Moves: Bowring Marsh Promotes Mayhew to CEO, UK & Ireland; Miller Bolsters Renewables Offering With 2 Hires From Willis December 6, 2021 This edition of International People Moves details appointments at brokers Bowring Marsh and Miller. A summary of these new hires...
Italian Tycoons’ Challenge to Generali Hinges on Its Strategy for Asset Management December 6, 2021 By Alessandro Speciale The two Italian billionaires who are challenging Mediobanca SpA’s decades-long grip over Assicurazioni Generali SpA want Italy’s largest insurer to...