Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Supply Chains April 9, 2021 By Jonathan Saul and Timothy Aeppel LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a...
People Moves: PartnerRe’s Clarke Re-Emerges at Tremor; WTW’s Monat to Mosaic; Graham Leads AIRMIC; Lancashire’s Richardson to Aeolus April 8, 2021 This wrap-up of International People Moves details recent appointments at Tremor Technologies, Mosaic, AIRMIC and Aeolus Capital Management Ltd. A...
Reinsurers Will Bear Most of Costs of Container-Ship Grounding in Suez Canal April 8, 2021 By Jonathan Saul and Carolyn Cohn LONDON — Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic...
Australia’s Regulator Weighs Limits on Life Insurers’ Exposure to Offshore Reinsurance April 8, 2021 Australia’s insurance regulator on Thursday proposed to limit the exposure of life insurers to offshore reinsurers, given its lack of...
Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions April 8, 2021 Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist...
Sustainable Investment Group Questions Liberty Mutual over Australia Coal Mine Plan April 8, 2021 MELBOURNE – UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a...
Home Working Likely to Remain – Even After Pandemic Ends: UK Survey April 8, 2021 By Camomile Shumba Home working is likely to remain after the pandemic finishes, according to a survey of 2,000 companies the UK, most...
Egypt Seeks Out-of-Court Settlement with Owners of Huge Ship that Blocked Suez Canal April 7, 2021 By Samy Magdy ISMAILIA, Egypt – The Suez Canal chief said Tuesday that authorities are negotiating a financial settlement with the owners of...
Abandoned Dutch Cargo Ship Secured by 2 Tugboats off Coast of Norway April 7, 2021 By Terje Solsvik OSLO – A Dutch cargo ship that was abandoned at sea during a storm off the coast of Norway this...
People Moves: Khera Promoted at AXA XL; Liberty Mutual’s Slaughter Replaces Burkinshaw at Apollo; Sompo Hires Zurich’s Goddard April 7, 2021 This wrap-up of International People Moves details recent appointments at AXA XL, Apollo Syndicate Management and Sompo International. A summary...