Global Insurance M&A Drops 3% in 1st Half of 2021: Clyde & Co. Report August 27, 2021 Mergers and acquisitions (M&A) in the global insurance industry dropped 3% in the first half of 2021 with 197 completed...
KCC Estimates Insured Loss From Hurricane Grace: $300M in Mexico, $30M in Caribbean August 26, 2021 Catastrophe modeling firm the Karen Clark & Company (KCC) estimates that the insured loss to onshore properties from Hurricane Grace...
People Moves: QBE Hires Swiss Re’s Mejia for LatAm Property U/W; Zurich Names Kasahara Chief Data Officer; Occam’s Green Joins Rokstone to Head Power Generation August 26, 2021 This edition of International People Moves details appointments at QBE International, Zurich Insurance, and MGA Rokstone. A summary of these...
Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change August 26, 2021 Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term...
More Canadian Businesses to Introduce Vaccine Mandates for Employees: Minister August 26, 2021 By Steve Scherer More Canadian businesses will introduce COVID-19 vaccine mandates for their employees to safely return to the office amidst a growing...
Canada’s Ruling Party Plans Tax Hike for Big Insurers, Banks to Fund COVID Recovery August 26, 2021 By David Ljunggren and Nichola Saminather OTTAWA – Canada’s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most...
Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report August 26, 2021 By Tim Quinson For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts...
People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S. August 25, 2021 This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the...
UK Insurers Warned They Could Face Regulatory Action Over Car, Home Policies August 25, 2021 By Huw Jones LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home...
Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe August 25, 2021 ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies...