Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business November 8, 2024 NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning...
Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel November 8, 2024 Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...
People Moves: Marsh Names Fraser as Int’l Corporate & Commercial Leader; Clear Group Appoints Chisholm as Sales and Marketing Director November 7, 2024 This edition of International People Moves details appointments at the brokers Marsh and Clear Group. A summary of these new...
H.W. International Agrees to Sell UK, French and Greek Operations to Steadfast Group November 7, 2024 H.W. International B.V., the Amsterdam-based, privately owned insurance broker, announced the sale of H.W. Wood Ltd. and HWI France to...
Renewable Energy Offers a Cost and Opportunity to Insurance Sector November 7, 2024 By Carolyn Cohn Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as...
2024 Will Be World’s Hottest Year on Record, EU Scientists Say November 7, 2024 By Kate Abnett and Alison Withers This year is “virtually certain” to eclipse 2023 as the world’s warmest since records began, the European Union’s Copernicus Climate...
Zurich’s Exposure to Hurricanes Helene, Milton Below $360M as Catastrophe Losses Rise November 7, 2024 By Carolyn Cohn Zurich Insurance Group said on Thursday that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the...
Swiss Re Cuts 2024 Profit Target After Raising US Reserves November 7, 2024 By Noele Illien Swiss Re AG said it was raising reserves in its US Property & Casualty business by $2.4 billion in the...
Markets/Coverages: Chaucer Offers Nuclear Power Stations Insurance for Cyberattacks November 6, 2024 Chaucer has launched a new nuclear insurance policy that provides nuclear power plants (NPP) with insurance cover for cyberattacks. Called...