March 31, 2022
This edition of Internation People Moves details appointments at Guy Carpenter and Allianz Global Corporate & Specialty. A summary of these new hires follows here. Former Pool Re CEO Enoizi Named Carpenter’s Head of Public Sector Guy Carpenter, the reinsurance …
March 31, 2022
Qatar Airways says surface flaws on Airbus SE’s A350 jets cause a risk of the fuel tanks igniting, bolstering its contention that safety is at stake in its acrimonious legal dispute with the planemaker. In documents made public Tuesday, Qatar …
March 31, 2022
The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program. Lloyd’s Lab, the market’s innovation accelerator, brings together insurtech, insurers, and brokers to test new, innovative …
March 31, 2022
Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that a proposed slate of new managers put forward by investor Francesco Gaetano Caltagirone could free the way for a major …
March 31, 2022
Occam Underwriting, the specialist lines managing general agency (MGA), announced it has completed the acquisition of Beech Underwriting Agencies Ltd. having received the required approval from the Financial Conduct Authority (FCA). Beech Underwriting is an approved Lloyd’s coverholder that has …
March 31, 2022
The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure on Vladimir Putin’s regime. Oleg Ustenko, Chief Economic Advisor to Ukrainian President Volodymyr Zelenskiy, urged …
March 31, 2022
A plane that crashed in northern Oklahoma, killing three Nebraskans, was nearly vertical when in struck the ground, according to a preliminary report released on March 29 by the National Transportation Safety Board. “A witness in the area reported (seeing) …
March 31, 2022
Britain put in place new legal powers on Wednesday to prohibit maintenance on aircraft and ships belonging to specific sanctioned Russian oligarchs or their businesses. The government is acting in concert with Western allies to try to cripple the Russian …
March 31, 2022
Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say. Following the Feb. 24 attack on Ukraine and Western sanctions …
March 31, 2022
Three terms in a written contract between a gentlemen’s club and a deceased employee are not so unclear as to nullify the contract’s arbitration agreement, the Texas Supreme Court ruled in a March 18 per curiam opinion. In Baby Dolls …