Maersk Tankers’ Fleet of Fuel Carriers Could Opt to Avoid Red Sea as Attacks Escalate December 15, 2023 By Alaric Nightingale Maersk Tankers is to insist its fleet of fuel carriers have the option to avoid the Red Sea following an...
Parent of Key SiriusPoint Shareholder Goes Into Receivership; Ratings Impact Neutral December 14, 2023 By L.S. Howard SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced that the parent company of a key shareholder has been taken...
Markel International Launches Specialty Division, Led by 2 Hires From Brit December 14, 2023 Markel, the insurance operation within Markel Group Inc., has launched a Specialty practice within its International Wholesale division, which will...
Howden Acquires Denmark’s NORTH Risk December 14, 2023 Howden, the London-based insurance group, announced an agreement to acquire Denmark’s fourth largest insurance intermediary NORTH Risk, thereby establishing a...
Range Rovers Become Thief-Magnets, Causing Insurance Premiums to Skyrocket December 14, 2023 By Jamie Nimmo Tim Coen, a property investor, loved his Range Rover Sport but decided it was time to go green. He wanted...
AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s December 14, 2023 AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd’s to launch a syndicate that will focus on...
Armed Guards on Tanker Exchange Fire With Boat Near Yemen December 14, 2023 By Rakteem Katakey and Alex Longley Armed guards on a fuel tanker exchanged gunfire with a small boat in the Red Sea, another sign of escalating...
Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc December 14, 2023 By Kirstin Ridley Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in...
People Moves: Marsh Announces Group of Promotions in UK, Global Placement Team; Klingspor Succeeds Papanikolaou as CEO, Allianz Central Europe December 13, 2023 This edition of International People Moves details appointments at Marsh and Allianz Central Europe. A summary of these new hires...
Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines December 13, 2023 Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is...