Heathrow Fire Timeline Set Out as Grid Security Focus Sharpens May 12, 2025 By Eamon Akil Farhat A detailed timeline of the events surrounding the unprecedented day-long blackout that hit London’s Heathrow Airport has been set out...
People Moves: SiriusPoint Promotes Fenn to Global Head of Marine; Arch Insurance International Promotes Mansouri to UK PI Underwriting Manager May 9, 2025 SiriusPoint Promotes Fenn to Global Head of Marine SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the promotion of...
Business Moves: Clear Group’s Shape Underwriting Acquires HNW Specialist Protect Underwriting; Optio Buys UK PI Specialist MGA, Custodian Management May 9, 2025 Clear Group’s Shape Underwriting Acquires HNW Specialist Protect Shape Underwriting, the London-headquartered managing general agent, has acquired Protect Underwriting LLP,...
Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm May 9, 2025 By Alex Dooler International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn May 9, 2025 By Frances Schwartzkopff The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation,...
UK Sewage Crisis Leaves Beachgoers Sick and Frustrated May 9, 2025 By Priscila Azevedo Rocha Charlie Clarke fell severely ill in late summer 2023 after a swim at Clevedon Marine Lake in southwest England while...
People Moves: Marsh Taps FERMA’s Beaupérin as Client Leader, Risk Management, Europe; Sompo Int’l Holdings Names Walsh as Independent Non-Exec Chair May 8, 2025 Marsh Taps FERMA’s Beaupérin as Client Leader, Risk Management, Europe Marsh, the insurance brokerage business of Marsh McLennan, announced the...
Markets/Coverages: CFC Launches Simplified Intellectual Property Product May 8, 2025 CFC, the London-based managing general agent and cyber specialist, announced the launch of its new simplified intellectual property (IP) product....
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed May 8, 2025 By Paolo Laudani Zurich Insurance reported higher first-quarter revenue and gross written premiums at its core property/casualty (P/C) business on Thursday, maintaining its...
Lloyd’s Promotes Chief of Markets Tiernan to CEO, Succeeding Neal May 8, 2025 Lloyd’s, the re/insurance marketplace, announced that Patrick Tiernan has been appointed as chief executive officer by the Council of Lloyd’s,...