Yemeni Fighters Hijack UAE-Flagged Cargo Ship, Saudi-Led Military Coalition Says January 3, 2022 Yemen’s Houthi fighters hijacked a United Arab Emirates-flagged cargo ship off the coast of Yemen on Sunday night, according to...
Indian iPhone Plant Workers Became Ill From Tainted Food. Then a Rare Protest Began. January 3, 2022 By Sudarshan Varadhan, A. Ananthalakshmi and Ahmed Farhatha SRIPERUMBUDUR, India — For women who assembled iPhones at a Foxconn plant in southern India, crowded dorms without flush toilets...
Tokio Marine Appoints Hirai as CEO for Asia Region January 3, 2022 Tokio Marine announced the appointment of Masahito Hirai as chief executive officer of Tokio Marine Asia Pte. Ltd. (TMA), its...
Zurich Insurance to Sell Italian Life and Pensions Back Book to Portugal’s GamaLife January 3, 2022 Zurich Insurance will release about $1.2 billion of capital by selling its Italian life and pensions back book to Portuguese...
China Approves HSBC Acquisition of 100% of Insurer Joint Venture December 30, 2021 HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint...
Trial Begins in January of Alleged Thieves of Dresden Jewelry, Worth $129M December 30, 2021 BERLIN (AP) – Six men will go on trial in Germany next month over their alleged role in the spectacular...
People Moves: Chubb Promotes 2 Senior Leaders in Canada December 30, 2021 Chubb has appointed Paul Johnstone, Chubb Canada’s current executive vice president, Personal Risk Services, to the role of Chubb Canada...
Spain’s Volcanic Eruption Ends but Emergency Remains With Widespread Damage December 30, 2021 MADRID (AP) – Authorities on one of Spain’s Canary Islands declared a volcanic eruption that started in September officially finished...
Top 10 International Insurance Journal Stories of 2021 December 30, 2021 By L.S. Howard For the third consecutive year, the tale of Aon’s on-again, off-again bid to acquire Willis Towers Watson dominated international stories...
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford December 29, 2021 Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings...