Swiss Re Targets Net Income of More Than US$4.4 billion for 2025 December 13, 2024 Swiss Re is targeting a net income of more than US$4.4 billion for 2025 and aims to grow the ordinary...
Aviva’s India Officials Approved Brokerage Model Queried by Taxmen December 13, 2024 By Aditya Kalra and Nikunj Ohri An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023...
Ukraine Identifies Tankers It Says Are in Russia’s Shadow Oil Fleet December 13, 2024 Ukraine identified 238 tankers it said belong to a shadow fleet of ships that Russia is using to keep its...
Munich Re Targets Net Profit of €6 Billion ($6.3 billion) for 2025 December 13, 2024 Munich Re is aiming for an IFRS net profit of €6 billion (US$6.3 billion) in 2025 as a result of...
People Moves: HDI Global Promotes Schulte as Global Head of Marine; Amwins Global Risks Hires Ewing to Lead Transactional Risk Practice December 12, 2024 This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new...
Digital Lloyd’s Syndicate Ki to Become Standalone Business Within Fairfax Group December 12, 2024 Brit Ltd. and Ki announced that Ki will operate as a standalone company within the Fairfax Group, effective Jan. 1,...
Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine December 12, 2024 Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility...
BHP, Rio Pressured Women to Sign NDAs After Sexual Harassment Complaints: Lawyer December 12, 2024 By Melanie Burton BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according...
Hacking Rooftop Solar Is a Way to Break Europe’s Power Grid December 12, 2024 By Eamon Farhat All it takes is one hacker and a batch of faulty solar panels to threaten the safety of Europe’s electric...
BMS Group to Acquire Spanish Broker Rasher and Its Latin American Subsidiaries December 12, 2024 BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the...