Mosaic to Buy Sirius Int’l Lloyd’s Managing Agency; SiriusPoint to Be Mosaic Investor March 10, 2022 Mosaic Insurance has entered into an agreement to purchase the Lloyd’s managing agency of SiriusPoint as part of a transaction...
Update: Marsh McLennan to Exit Businesses in Russia; Aon Suspends Operations March 10, 2022 Marsh McLennan, the world’s largest insurance broker, said on Thursday it would exit all of its businesses in Russia, while...
People Moves: AXA XL Names Bewlay Chief Exec Reinsurance, Replacing Cooper; Marsh Promotes 3 for Affinity; Hartford Hires Generali’s Mather to Lead Int’l Financial Lines March 10, 2022 This edition of International People Moves details appointments at AXA XL, Marsh and The Hartford. A summary of these new...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Managers at UK Firms Expect to Dial Back Pandemic-Era Flexible Work Arrangements March 10, 2022 By Mumbi Gitau Many managers at UK companies expect to dial back their pandemic-era embrace of remote work and flexible arrangements once COVID-19...
AM Best Raises Country Risk Level for Russia March 10, 2022 The insurance rating firm AM Best said it has moved its country risk tier for Russia to a CRT-5 from...
Howden Makes Changes to Executive Committee as It Prepares for Aston Lark Purchase March 9, 2022 Howden, the international insurance broking group, announced a series of changes to its global management team, following the announcement that...
Private Jet Linked to Russian Billionaire Impounded as UK Deepens Aviation Sanctions March 9, 2022 Britain said on Wednesday it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give...
People Moves: WTW Hires MS Amlin’s Singh; Optio Names Hartford’s Robinson as MD; MS Amlin Adds Sirius’ O’Donnell to Property March 9, 2022 This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of...
Climate Change Is Making Australia a More Difficult Place to Live: Prime Minister March 9, 2022 By Ben Westcott and Sybilla Gross Australia’s Prime Minister Scott Morrison conceded that a changing climate is making the country a more difficult place to live...