G7’s Price Cap on Russia Oil Takes Shape but Will Russia Sidestep Insurance Rules? September 12, 2022 By Timothy Gardner The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s...
People Moves: Everest Re Taps Nationwide’s Rudow as Head of Cyber Reinsurance; BMS Re Names McDowell as Bermuda CEO, Binetti as Head of Casualty Treaty September 12, 2022 This edition of International People Moves details appointments at Everest Reinsurance and BMS Re. A summary of these new hires...
Lockton Re Forms Capital Markets Unit September 12, 2022 Lockton Re, the global reinsurance business of independent insurance broker Lockton, has formed Lockton Re Capital Markets (LRCM), designed to...
MS Amlin AG to Rebrand as ‘MS Reinsurance’ September 12, 2022 MS Amlin AG announced it would rebrand this month to MS Reinsurance, which is a reflexion of parent company MS&AD’s...
Autonomous Cars May Always Need Remote Human Supervisors, Experts Say September 12, 2022 By Nick Carey and Paul Lienert MILTON KEYNES, England — Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop...
Gallagher Re Launches Academic Research Center September 12, 2022 Gallagher Re, the global reinsurance broker, announced the launch of the Gallagher Research Centre (GRC). Housed within Gallagher Re’s Global...
Typhoon Muifa Takes Aim at Asia’s Largest Port of Shanghai September 12, 2022 By Kevin Varley Asia’s largest container shipping hub may face another major storm as Typhoon Muifa bears down on Shanghai and nearby Ningbo....
Towne Insurance Snaps Up Lee-Moore Agency in North Carolina September 12, 2022 Virginia-based Towne Insurance has continued its steady rate of expansion with the acquistion of Lee-Moore Insurance Agency in North Carolina....
Study Says Rising Seas to Affect $108B in SE Property; Tax Bases will Suffer September 12, 2022 Rising seas will engulf millions of homes, business and parcels of land, and will reshape coastlines, property lines and local...
Biz Moves: King Insurance Acquires Two More Agencies in Florida September 12, 2022 King Insurance, a rapidly expanding brokerage based in Gainesville, Florida, has announced the acquisitions of two more Florida agencies. King...