Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge April 17, 2024 By Jonathan Saul Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile...
Beat Capital Partners to Launch Credit Insurance Business, Naming Pike as CEO April 16, 2024 Beat Capital Partners, a London-based venture capital investor that focuses on the insurance industry, announced it is planning to launch...
UK’s Jensten to Invest Up to £1M to Help Individuals Launch Their Own Brokerages April 16, 2024 Jensten Group, the London-based independent insurance broking group, announced it will invest up to £1 million (US$1.3 million) this year...
Inflation Continues to Increase Insured Property Exposures Globally: PERILS April 16, 2024 Inflation continues to have an effect on property exposures with sums insured for European windstorm increasing by 10.1% year-on-year at...
Australia’s Weather Bureau Says El Niño Has Ended, Unsure About La Niña Formation April 16, 2024 An El Niño weather event has ended, Australian weather authorities said on Tuesday, adding that they were uncertain if a...
Dutch Chipmaker Nexperia Hacked by Cyber Criminals April 16, 2024 Dutch-headquartered chipmaker Nexperia was victim of a hacking attack by cyber criminals last month, the Chinese-owned company said on Friday,...
EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs April 16, 2024 By Jamie Nimmo Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens...
‘Zombie Fires’ Smoldering Near Oil and Gas Wells Threaten Canada’s Drillers April 16, 2024 By Robert Tuttle Leftover blazes from last year’s record wildfire season in Canada are threatening to knock out almost 3% of the country’s...
A Turnaround Story: Boost People, Then Financial Results, Aspen CEO Says April 16, 2024 By L.S. Howard Executive Summary: When Mark Cloutier took the helm of Aspen to return the company to profitability, he knew a vital...
People Moves: Aon’s Re Solutions Promotes Sapra as CEO, India; BHSI Names du Ché as France Country Mgr; AXIS Canada Launches EIL Unit, Led by Liberty Mutual’s Nagata April 15, 2024 This edition of International People Moves details appointments at Aon, Berkshire Hathaway Specialty Insurance (BHSI) and AXIS Capital Holdings. A...