Denmark Warns That Russia May Send Warships to Escort Oil Tankers December 19, 2024 By Sanne Wass Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against...
People Moves: Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance; Miller Bolsters Asia Power Team, Appointing Howden’s McGonagle December 19, 2024 This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller. A...
W. R. Berkley Launches Branch Office in India December 19, 2024 W. R. Berkley Corp., the Greenwich, Connecticut-based insurer, announced that Berkley Insurance Co. has received regulatory approval to launch a...
European Insurers’ Fundamentals Resilient to Moderating Premium Rates, Falling Yields December 19, 2024 By Sabine Bauer and Manuel Arrivé European insurers approached the new year from a position of strength, having benefited from supportive interest rates and pricing cycles...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften December 19, 2024 By Heather Sullivan and Robert Held The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in...
Can China Shield the Biggest Uninsured Economy From Floods? December 19, 2024 By Coco Liu The rivers and canals that meander through Hemudu in southeastern China are a vital source of life and community —...
European Central Bank Pitches Plan to Boost Insurance Coverage for Climate Losses December 19, 2024 By Gautam Naik The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms...
Brown & Brown Acquires UK Employee Benefits Specialist Drewberry December 18, 2024 Employee benefits specialists Drewberry has been acquired by Brown & Brown (Europe) Ltd. The terms of the deal are undisclosed....
Swiss Re Among Firms in $3 Billion Credit-Risk Deal for International Finance Corp. December 18, 2024 By Esteban Duarte and Jorgelina do Rosario Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion...
G20 Watchdog Urges Governments to Address Non-Bank Financial Risks December 18, 2024 The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other...