People Moves: AGCS Taps Chaucer’s Graham for Marine Team; BHSI Names De Wilde Head of Property, Switzerland; HDI Global Specialty Promotes Spafford in Canada Branch February 2, 2023 This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS); Berkshire Hathaway Specialty Insurance (BHSI),...
Swiss Re Revamps Structure by Splitting Reinsurance Biz, Creating Client Business Unit February 2, 2023 Swiss Re announced plans to streamline its organizational structure by splitting its current Reinsurance Business Unit into P&C Re and...
Thousands of Nigerians Join Landmark Lawsuit Against Shell in UK February 2, 2023 By William Clowes More than 13,500 Nigerians joined their communities in a lawsuit against Shell Plc before a landmark UK trial that could...
Update: ION Trading UK Indicates Cyber Attack Could Take 2-3 Days to Resolve February 2, 2023 By William Shaw and Mark Burton UK regulators have started an investigation following a cyberattack on London-based ION Trading UK that’s snarled global derivatives trading. The...
Britain’s Finance Ministry Issues Draft Rules to Regulate Cryptoassets February 2, 2023 By Huw Jones and Elizabeth Howcroft Britain’s finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the...
People Moves: Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe; AXA XL Appoints Cerquenich as Senior Risk Consultant, Marine, UK & Lloyd’s February 1, 2023 Danish Insurer Tryg Names Brammer as CEO, Succeeding Hübbe The Supervisory Boards of Tryg A/S and Tryg Forsikring A/S announced...
Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups February 1, 2023 Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups...
Everest Insurance Continues Global Expansion, Launching Branch in Spain February 1, 2023 Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval...
Ex-Allianz Fund Manager Seeks Dismissal of Fraud Charges February 1, 2023 By Bob Van Voris The former Allianz SE hedge fund manager charged with fraud over billions of dollars in investor losses asked a judge...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap February 1, 2023 Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held...