Brexit Has Cost UK More Than $178 Billion so far: London Mayor January 12, 2024 By David Milliken Britain’s departure from the European Union has reduced the size of its economy by 6% so far – an annual...
Bank of England May Tighten Up Life Insurers’ Use of Offshore Reinsurance January 12, 2024 The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers...
Plastic Pellet Spill Unleashes Cleanup Nightmare on Spain’s Coast January 12, 2024 By Laura Millan Tiny white plastic pellets are washing ashore in Spain’s northwestern coast by the millions, with hundreds of volunteers leading the...
People Moves: Allstate Names Fiato EVP and Chief Claims Officer; TNEDICCA Names Progressive’s Pratt to Board January 12, 2024 Allstate, headquartered in Northbrook, Ill., named Mike Fiato as executive vice president and chief claims officer, effective Jan. 22. Fiato...
Ex UK Goldman Sachs Manager Seeks $1.27M Over Harm From ‘Dysfunctional’ Workplace January 12, 2024 By Kirstin Ridley A former senior Goldman Sachs manager is seeking around 1.0 million pounds ($1.27 million) from the Wall Street bank in...
People Moves: Watkins Insurance Group Names Scott President January 12, 2024 Watkins Insurance Group, based in Austin, promoted Chris Scott to president. Patrick Watkins, who has been leading the agency since...
Australia’s Usual Summer of Wildfires Is Now Being Soaked by Prolonged Wet Weather January 12, 2024 By Keira Wright and Ben Westcott Australians bracing for a return of scorching heat and wildfires are instead battling a prolonged deluge of rain across the...
Activist Group Scorecard: Insurers Adopting Policies on Oil and Gas Slowed in 2023 January 12, 2024 By Don Jergler The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s...
Riskonnect Acquires Ventiv Technology in Risk Management Deal January 12, 2024 Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and...
People Moves: AXIS Appoints Tan Head of Wholesale Casualty; Fiato Named Allstate Chief Claims Officer; Schoberth to Lead Canopius US Distribution January 12, 2024 AXIS Capital Holdings Limited named Anna Tan as head of wholesale casualty. Tan joins AXIS from Navigators, a brand of...