Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates March 18, 2025 Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct...
Australian Pension Fund Fined A$10.5 Million for Greenwashing March 18, 2025 By Amy Bainbridge and Nasteho Said Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its...
Small Plastic Pellets Wash Up on UK Shores After Ship Explosions March 18, 2025 By Alex Longley Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the...
Allianz to Sell India JV Stake to Local Partner for €2.6 Billion March 18, 2025 By Stephan Kahl Allianz SE has agreed to sell its 26% stake in Indian joint ventures for about €2.6 billion ($2.8 billion) to...
Trump Has Companies in Europe and Asia Walking a DEI Tightrope March 18, 2025 By Siraj Datoo Donald Trump’s executive order dismantling diversity, equity and inclusion efforts is making waves at international companies in Europe, Asia and...
Chairman of Gallagher Re International Vickers Announces Retirement March 17, 2025 James Vickers, the chairman of Gallagher Re International, announced he is retiring on May 31, 2025, after 47 years in...
Aon’s President Andersen Steps Down; CEO Case Assumes Additional Role of President March 17, 2025 By L.S. Howard Insurance broker Aon plc announced that Eric Andersen has transitioned from his role as president to serve as a senior...
Peruvian Farmer Takes Germany’s RWE to Court in Landmark Climate Case March 17, 2025 By Riham Alkousaa A Peruvian farmer who says German energy giant RWE’s emissions have contributed to the melting of Andean glaciers, increasing the...
Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation March 17, 2025 Cyclone Alfred will cost Australia’s March 25 budget at least A$1.2 billion [US$759 million], hit growth and put pressure on...
US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals March 14, 2025 By L.S. Howard Reinsurance renewal rates continued dropping during this year’s January renewals, but US property/catastrophe reinsurance pricing is likely to stabilize during...