People Moves: AXA XL Hires AXIS’ Watson as Snr U/W; Hartford’s Pallett to Tegron; Chubb’s Bagaric to BHSI; MGA Spring Hires AXA XL’s Stanford July 13, 2021 These international People Moves detail appointments at AXA XL, Tegron Specialty (the new D&O underwriter), Berkshire Hathaway Specialty Insurance, and...
Remote Working Causes Cyber Attacks to Skyrocket, Says Financial Stability Board July 13, 2021 By Huw Jones Financial firms may need to bolster their defenses in the face of rocketing cyber attacks after employees began working from...
Broker Ardonagh Opens Data and Risk Management Center in Ireland, Bringing 60 Jobs July 13, 2021 The Ardonagh Group, a top 20 global insurance broker and the UK’s largest independent insurance broker, announced it will open...
Swiss Markets Watchdog FINMA Names Angehrn from Zurich Insurance as Next CEO July 13, 2021 By John Miller ZURICH – Switzerland’s markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss,...
Ever Given Container Ship Resumes Trip to Rotterdam After 112 Days in Egypt’s Waters July 13, 2021 The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local...
Rising COVID Outbreaks on Ships Endanger Maritime Workers, Risk Trade Disruptions July 13, 2021 By K. Oanh Ha, Ann Koh and Claire Jiao Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime...
Canadian Municipalities Face Surging Liability Insurance Costs July 13, 2021 By Nichola Saminather TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance...
Canada Orders Rail Transport Restrictions in Areas with High Wildfire Risk July 12, 2021 By Steve Scherer OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a...
Shell Abandons Push to Get Oil Spill Lawsuit to Be Heard in Nigeria July 12, 2021 By Todd Gillespie and Laura Hurst Royal Dutch Shell Plc has abandoned its final attempt to argue that a major lawsuit brought by thousands of Nigerians...
Goldman Sachs-Backed Broker Aston Lark Acquires UK Golf Club Specialist Linkscover July 12, 2021 Aston Lark, the London-based insurance broker that is backed by Goldman Sachs, announced the acquisition of the Linkscover brand to...