International & Reinsurance News

Liberty Specialty Markets Promotes Garside to Head of Bermuda Property

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Nicholas Garside to the role of head of Bermuda Property. Reporting to Steve Horton, president, Liberty Specialty Markets Bermuda, Garside takes up his new role on Sept. 1 …

Japan to Offer Enhanced Trade Insurance to Drive African Investment

Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich continent. “Let me make a promise,” Abe told …

Opioid Epidemic Could Threaten Europe Too: Viewpoint

As drugmakers are being held responsible for fueling the U.S. opioid epidemic, it might look at though they have nothing to fear in Europe, where, it’s often assumed, opioid misuse isn’t so rampant. The European Union, though, should take a …

Update: Tropical Storm Dorian to Sideswipe Puerto Rico, but Heads to Florida

Tropical Storm Dorian is about to sideswipe Puerto Rico and the U.S. Virgin Islands. And if you live on Florida’s east coast, it may be time to start gathering supplies. Chances are increasing that the storm will approach Florida bringing …

Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack

An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back in service in the fourth quarter after repairs, vessel owner Frontline said on Tuesday. Images of the product tanker Front …

U.K. Government Optimistic that Brexit Talks Can Begin Again

The U.K. government sees an opportunity to restart Brexit negotiations with the European Union after Prime Minister Boris Johnson’s meetings last week with German Chancellor Angela Merkel and French President Emmanuel Macron. The two leaders appeared to relax their language …

Global Policymakers Must Focus on Strengthening Economic Resilience: Swiss Re

A decade after the last financial crisis, attention is too focused on what central bankers can do to prevent the next one, according to Swiss Reinsurance Co. With liquidity taps open and policy rates stuck in a “black hole” they …

Aon Forms Global Accident, Health & Life Group in Its Reinsurance Business

Aon plc has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in this evolving sector. The group will be chaired by Roger Smith, who was previously …

HDI Global Taps Ogden from Lloyd’s as Director of Distribution, UK and Ireland

HDI Global SE (HDI) has announced the appointment of Stephanie Ogden as Director of Distribution for its UK and Ireland operations. She will assume the role on Sept. 2, 2019. Ogden will be responsible for distribution strategy, broker and client …

Why Are Amazon Fires Potentially Sparking Global Climate Crisis?

A record number of fires ravaging the Amazon has drawn international outrage because of the rainforest’s importance to the global environment and prompted Brazilian President Jair Bolsonaro to dispatch the military to assist in firefighting. Here is what you need …

International & Reinsurance News Archives by Month