International & Reinsurance News

New Global Board for Corporate Sustainability Standards Gets Heavyweight Advisers

Former European Central Bank President Jean-Claude Trichet will head an advisory group on setting up a global board for sustainability-related company disclosures, the IFRS Foundation said on Monday. The new International Sustainability Standards Board (ISSB), due to be unveiled ahead …

VW Nears Claims Settlement with Former CEO over Dieselgate Scandal

BERLIN – Volkswagen on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in the dieselgate scandal, with the final details to be thrashed out over coming days. Via the …

Families of MH17-Crash Victims Prepare for Painful Phase of Dutch Trial

AMSTERDAM – Families of people who died in the 2014 downing of Malaysia Airlines flight MH17 said they were preparing to hear painful details when a critical stage of a trial over the crash starts on Monday. MH17 was flying …

Data Recorder Recovered from Ship Carrying Chemicals Sinking Off Sri Lanka

COLOMBO, Sri Lanka (AP) – Experts recovered the data recorder of a fire-ravaged ship carrying chemicals that is slowly sinking off Sri Lanka’s capital, as salvage crews stood by to head off a possible environmental disaster, officials said Sunday. The …

Canada’s Economical Insurance Launches Platform to Simplify Brokers’ SME Placements

Economical Insurance has introduced Vyne Commercial, a new digital platform and an expanded product offering, which is designed to simplify the process of insuring small businesses. Broker partners will be able to instantly quote and bind new property/casualty policies for …

Key Stage of Nord Stream 2 Gas Pipeline Completed but Insurance Needed

Russian President Vladimir Putin said a key stage of a gas pipeline to Germany that the U.S. targeted for sanctions had been carried out, ahead of his summit with counterpart Joe Biden. “I’m happy to say that today, two and …

People Moves: AXA’s Sayce to AGCS as Head of Cyber; AGCS’ Drubhra to HDI; Amwins Hires Miller’s Johnson, AFL’s Ritson, Nationale Nederlanden’s Dekker

This wrap-up of international People Moves includes appointments at Allianz Global Corporate & Specialty (AGCS); HDI Global SE UK & Ireland, and Amwins Global Risks. A summary of these new hires follows here. Scott Sayce will join Allianz Global Corporate …

Canadian Fintech Company Ratehub Launches Insurance Brokerage

Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance. Toronto-based Ratehub, which operates the financial product comparison site Ratehub.ca, said the launch brings the company one step closer towards achieving its goal of “being Canada’s …

Generali, Allianz Are Among Suitors for NN Group’s Asset Manager Arm: Sources

DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN Investment Partners, has separately attracted …

Willis Towers Watson Collaborates on Hurricane Insurance for Endangered Coral Reef

Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help protect and restore the endangered 1,000 kilometer (621 mile) barrier reef system along the Caribbean coast. The Mesoamerican Reef Insurance …

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