People Moves: AXA XL Names Benet Global CUO, Succeeding Bewlay; Marsh’s Neild Joins Howden’s UK Cyber Retail Practice; MS Amlin Taps Compre’s Margetts for Strategy May 25, 2022 This edition of International People Moves details appointments at AXA XL, Howden and MS Amlin. A summary of these new...
What to Know About Hacktivism and Its Role in Global Conflict May 25, 2022 By Elizabeth Blosfield A specific type of cyber threat has made its way to the front of the conversation in the wake of...
J.D. Power Survey Finds Auto Insurance Customer Satisfaction Has Eroded May 25, 2022 J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in...
Oil Firms Strike Out Again in Fight Against Massachusetts, Rhode Island Climate Suits May 25, 2022 By Andrew G. Simpson Exxon Mobil Corp. has lost another round in its fight to stop states from pursuing claims that it has deceived...
HDI International to Acquire Retail Insurance Business of Sompo Seguros in Brazil May 25, 2022 HDI International AG, a subsidiary of Talanx Group, is acquiring the retail business of Sompo Seguros S.A. in Brazil. This...
Cryptocurrencies May Pose Risk to Wider Financial Stability: ECB May 25, 2022 By Francesco Canepa and Tom Wilson Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two...
Former Executive of PICC Property & Casualty Expelled From China’s Communist Party May 25, 2022 China’s ruling Communist Party has expelled a former chief accountant of state-controlled PICC Property and Casualty Co. from the party,...
Insurance (or Lack of It) Is Russian Oil’s Achilles’ Heel May 25, 2022 By Jonathan Saul, Nidhi Verma, Yuka Obayashi and Carolyn Cohn Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens...
Fairfax-Backed Digit Insurance Targets $5B in India IPO Valuation: Sources May 25, 2022 By M. Sriram India’s Digit Insurance, backed by Canadian billionaire Prem Watsa’s Fairfax Group, is considering raising about $500 million in an initial...
Ford to Pay States $19.2 Million Over False Advertising Claims May 25, 2022 By David Shepardson Ford Motor Co. will pay $19.2 million to resolve allegations it falsely advertised real-world fuel economy and payload capacity for...