People Moves: Sompo Names QBE’s Reid Head of Casualty Int’l; AXA XL Promotes Shing to Lead U/W Mgmt, UK & Lloyd’s; Jensten’s Siggery to Oneglobal for Risk & Compliance November 17, 2021 This edition of International People Moves covers appointments at Sompo International, AXA XL and OneGlobal Broking. A summary of these...
Willis Towers Watson to Acquire Israeli Broker Leaderim November 17, 2021 Insurance broker Willis Towers Watson announced it has signed a definitive agreement to acquire Leaderim, an insurance broking and risk...
India Shuts 5 Coal-Fired Power Plants to Combat Air Pollution in New Delhi November 17, 2021 By Neha Arora and Mayank Bhardwaj NEW DELHI—India has temporarily shut down five coal-fired power plants around the capital New Delhi as part of its drive...
SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part. November 16, 2021 By Saritha Rai Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO....
Working From Home Could Hurt Women’s Careers: Bank of England’s Mann November 16, 2021 By David Milliken Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to...
Canadian Storms Force Shut-Down of Trans Mountain Oil Pipeline November 16, 2021 By David Ljunggren and Nia Williams OTTAWA/CALGARY, Alberta – Canada’s Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the...
Swiss Re CEO Mumenthaler Appointed Chairman of Geneva Association November 16, 2021 The Geneva Association announced that Christian Mumenthaler, CEO of Swiss Re, was appointed the new chairman of the organization. Mumenthaler,...
People Moves: WTW Names Aon’s Wegbrans as Head of Broking; EmergIn Risk Hires Occam’s Paraskeva; Aon’s Norris to Gallagher Re as Cyber ILS Broker November 16, 2021 This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re....
Shipowners Make Payments to Free Vessels Detained by Indonesian Navy: Sources November 16, 2021 By Joe Brock SINGAPORE – More than a dozen shipowners have made payments of about $300,000 apiece to release vessels detained by the...
Markel Corp. Puts Retrocessional ILS Fund Manager Into Run-Off November 16, 2021 Markel Corp. announced it is winding down Lodgepine Capital Management Ltd., its retrocessional insurance linked securities (ILS) fund manager, based...