People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen September 27, 2023 This edition of International People Moves details appointments at Sompo International and Allianz Commercial. A summary of these new hires...
Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance September 27, 2023 Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial...
McKinsey Agrees to Pay $230 Million to Settle More Opioid Suits September 27, 2023 By Joel Rosenblatt McKinsey & Co. is poised to pay $230 million in its latest settlement of lawsuits blaming the company for its...
Kia, Hyundai Recall Over 3 Million Vehicles for Fire Risks September 27, 2023 Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine...
Tornado-damaged Pfizer Plant in North Carolina Restarts Production September 27, 2023 ROCKY MOUNT, N.C. (AP) — A major Pfizer pharmaceutical plant in North Carolina that makes critical supplies for U.S. hospitals...
People Moves: Taylor Joins ReSource Pro as Global Head of Marketing September 27, 2023 Taylor Joins ReSource Pro as SVP, Global Head of Marketing ReSource Pro, headquartered in New York, N.Y., named Beth Taylor...
Rising Claims Costs Limit US P/C Profitability in 2023 September 27, 2023 While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in...
The Challenges of a Widening Cyber Insurance Protection Gap September 27, 2023 By Elizabeth Blosfield According to privileged access management Delinea’s report, Closing the Cyber Insurance Gap – 2023 State of Cyber Insurance, a significant...
Markets/Coverages: Aon Offers Financial Institutions Solution With Capacity of $100M September 27, 2023 Insurance broker Aon plc announced the launch of a flagship new insurance solution, FI Protect 360, created in collaboration with...
Hiscox Agrees to Sell Motor Insurance Business in Singapore and Thailand September 27, 2023 Hiscox Ltd., the Bermuda-headquartered specialist insurer, announced it has entered into an agreement to sell DirectAsia, its motor insurance business...