Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...
Vantage Names AXA XL’s Blanco CEO of Insurance November 2, 2021 Bermuda-based Vantage Group Holdings Ltd. has appointed Alex Blanco as CEO of Insurance to lead the growth and development of...
Lagos Building Collapse Kills at Least 10; Scores Reported Missing November 2, 2021 By Nneka Chile and Seun Sanni LAGOS – Rescuers on Tuesday dug through rubble searching for survivors a day after a luxurious high-rise building collapsed while...
WTW’s Smith to Lead Chaucer’s Marine Specialty Division; NFP Names Beauchamp VP Commercial Lines; Insurtech BOXX Hires Steptoe as Global Chief Product Officer November 2, 2021 This edition of International People Moves details appointments in at insurer Chaucer (in the UK), the broker NFP (in Quebec)...
Norway Faces Hard Choices After Wind Turbines Ruled Threat to Reindeer Herder Rights November 2, 2021 By Gwladys Fouche and Terje Solsvik OSLO – Norway faces hard choices over the future of two major wind farms stripped of their licenses for jeopardizing...
Update: Leaders at COP26 Climate Conference Pledge to Cut Methane and Save Forests November 2, 2021 By Jake Spring and Jeff Mason GLASGOW – Leaders at the COP26 global climate conference pledged on Tuesday to stop deforestation by the end of the...
Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
Insurer Hiscox Sets Aside $150M for Hurricane Ida, European Flood Losses November 2, 2021 By Muvija M and Carolyn Cohn Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said,...
Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts November 2, 2021 Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told...
Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units November 1, 2021 UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million...