South Korea’s New Lithium Battery Rules on Planes Highlight Growing Risk for Aviation March 3, 2025 By Lisa Barrington South Korea tightened rules on carrying lithium batteries on planes from Saturday, highlighting a growing risk to flights worldwide from...
Optio Group Acquires Norwegian-Based Marine Hull Specialist MGA, S Insurance March 3, 2025 Optio Group, the London-based independent specialty MGA, announced it has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an...
Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming February 28, 2025 By L.S. Howard Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse...
Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies February 28, 2025 Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support...
British Drugmaker GSK Abandons Diversity Targets Following Trump Pressure February 28, 2025 By Maggie Fick British drugmaker GSK will no longer set diversity targets, it said on Thursday, as it became the latest company to...
UK Sets Out Reforms to Address Failures in Grenfell Tower Fire February 28, 2025 By Damian Shepherd The UK set out a raft of reforms designed to improve building safety, as it aims to clamp down on...
People Moves: Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance February 27, 2025 This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows...
Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO February 27, 2025 Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and...
AXA CEO Says Prevention Needed to Keep Home Insurance Affordable February 27, 2025 By Claudia Cohen A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed...
UK’s Aviva Beats Profit Estimates on Double-Digit Growth in General Insurance Premiums February 27, 2025 By Shashwat Awasthi and Yadarisa Shabong British insurer Aviva beat annual profit expectations on double-digit growth in its general insurance premiums in 2024, and said its...