This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety and political risk business); AXIS Insurance, and Berkshire Hathaway Specialty Insurance (which has launched a full line of marine insurance …
Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Intact Financial Corp.’s insurance subsidiaries at ‘AA-‘ (very strong), after its acquisition of RSA Insurance Group. Fitch also upgraded the IFS of RSA’s operating subsidiary, Royal & Sun Alliance …
Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off a stink bomb in front of the market’s London headquarters. The activist group, Insurance Rebellion, is demanding the UK government …
A notorious Russia-linked hacking group is behind the cyber attack against JBS SA, according to four people familiar with the assault who were not authorized to speak publicly on the matter. The cyber gang goes by the name REvil or …
SAO PAULO – New management at Brazil’s state-controlled Banco do Brasil SA plans to replace the chief executive of insurance holding BB Seguridade Participacoes SA, Brazilian newspaper Valor Economico reported on Tuesday. Current CEO Marcio Hamilton is expected to be …
Insurance broker Willis Towers Watson announced the launch of a Sports & Entertainment Industry Group to support sports & entertainment (S&E) organizations and entertainment professionals seeking to identify, mitigate and transfer risks associated with the sector. Ian Tomlin, head of …
Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash. The acquisition, which comprises AXA’s life & savings and property/casualty businesses (P/C), was first announced on Dec. 31, 2020. As …
Intact Financial Corp. announced that, together with Tryg A/S, it has completed the acquisition of RSA Insurance Group plc., after receiving all required approvals. Toronto-based Intact retains RSA’s Canadian, UK and International entities, while Tryg, which is heaquartered in Ballerup, …
MELBOURNE – Australian and North American units of the world’s largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil’s JBS SA said in a statement. The attack caused its Australian operations …
WELLINGTON, New Zealand (AP) – Several hundred people in New Zealand were evacuated from their homes Monday with some recounting dramatic helicopter rescues as heavy rain caused widespread flooding in the Canterbury region. Authorities declared a state of emergency after …
