4 Billion Pieces of Paper Keep Global Trade Afloat but Fraud Fuels Push to Digitize October 4, 2023 By Archie Hunter They are relatively easy to fake. Frequently get lost. And can add huge amounts of time to any journey. Yet...
Hong Kong’s Typhoon-Related Insurance Claims Set to Top Record $500M in 2023 October 4, 2023 By Shawna Kwan Hong Kong insurance claims caused by natural disasters may climb to a record and exceed $500 million this year should...
Viewpoint: Reflecting on 30 Years of Transformation in the Re/Insurance Sector October 4, 2023 By Steve Lewis Executive summary: Reflecting on 30 years of Pro Global’s journey in the re/insurance sector, it is evident that the company’s...
People Moves: Lockton Europe Taps WTW’s Rowley as Head of N. American Property; Sompo Int’l Names Faugas From AGCS as France Country Manager, Insurance October 3, 2023 This edition of International People Moves details appointments at Lockton Europe and Sompo International A summary of these new hires...
Rapid Shocks in Store for Insurers in New Bank of England Stress Tests October 3, 2023 By Huw Jones The Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress...
Typhoon Koinu on Track to Hit Taiwan Before Heading to Hong Kong October 3, 2023 By Ditas Lopez and Cecilia Yap Severe Typhoon Koinu will pass over the southern tip of Taiwan in coming days before heading toward Hong Kong in...
MGA Skyrisks Officially Launches With Investment, Capacity From Convex Group October 3, 2023 Skyrisks Ltd., the London-based MGA and specialist in the advanced air mobility (AAM) sector, has officially launched with capacity and...
PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources October 3, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Alexander Hübner Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was...
China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ October 3, 2023 By Kari Lindberg and Tom Hancock China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported,...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia October 3, 2023 By Shivansh Tiwary and Kantaro Komiya Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for...