QBE has launched a Sustainable Energies unit to support customers as they transition to lower carbon energy. The unit will align QBE underwriting capabilities across construction, operational, casualty and D&O lines, focusing on underwriting the growing range of companies and …
Lloyd’s has launched a new renewable energy consortium, to respond to the growing needs of the Asia-Pacific region and supporting countries, as they transition to greener energy solutions. Developed by the Lloyd’s Asia platform, the consortium pools underwriting expertise and …
Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind turbines was hit by a cyber attack. The Danish company said data was compromised, but that there are no signs …
ID Federation Offers Multi-Factor Authentication Resource for Agencies Insurance carriers and their agency partners face a “gathering storm” of confusing requirements and changes in the area of multi-factor authentication (MFA) to improve secure logons, according to ID Federation, the nonprofit …
GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, BlackRock Inc …
OSLO – Norway faces hard choices over the future of two major wind farms stripped of their licenses for jeopardizing the way of life of Sami reindeer herders, but it remains unclear whether they should be dismantled, the energy minister …
This edition of International People Moves covers London-based appointments at three managing general agents: Ensurance, Occam and Aqueous Underwriting. A summary of these new hires follows here. MGA Ensurance Hires D’Aliesio as Senior Casualty Underwriter Ensurance, the specialty lines managing …
Insurance broker Marsh announced the launch of its Engineering Hub in Al-Khobar, Saudi Arabia. The Engineering Hub is Marsh’s third in the Middle East and Africa (MEA) region along with existing hubs in Abu Dhabi and Dubai. The hub will …
The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem. Denmark’s Orsted A/S is working on a plan to send divers to the sea floor to place a cover over …
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra Underwriting Ltd. ArgoGlobal is providing $25 million in underwriting capacity to support the MGA, supporting Tierra Underwriting in transactions that …
