June 12, 2024
A London hospital, facing blood supply disruptions after a cyberattack last week paralyzed operations, is asking its own clinical workers for blood. King’s College Hospital is calling on staff with the blood type O to schedule donations, according to an …
June 12, 2024
Executive Summary: While insurance leaders plan to use machine learning capability in their pricing and underwriting processes, only a small proportion actually have embraced the technology. They need to take the next step because these are essential tools that will …
June 11, 2024
Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the start of a months-long battle over around 2.5 billion euros ($2.7 billion) of insurance claims related to jets stranded in …
June 11, 2024
Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee Equity Partners LLC, a middle market private equity firm that specializes in the financial services and healthcare industries. The partnership …
June 11, 2024
The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to operate in Belgium and the European Union. Fortegra Belgium Insurance Co. NV will be based in Brussels and will underwrite …
June 11, 2024
A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s current world-leading green policies are likely to stay put, lawmakers, officials and analysts said. Provisional results in the European Parliament …
June 11, 2024
Singapore Airlines has sent compensation offers to passengers on a flight last month from London to Singapore that ran into severe turbulence, causing dozens of injuries and a death, the carrier said on Tuesday. Passengers with minor injuries have been …
June 11, 2024
Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo later this year. Kenya’s biggest listed insurer by market value with operations in seven African economies is chiefly seeking an …
June 11, 2024
Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the matter told Reuters. If approved, the …
June 10, 2024
This edition of International People details appointments at AXA XL and Lockton Re. A summary of these new hires follows here. AXA XL Promotes Pearman to New Role of Chief Underwriting Officer, Bermuda As part of its recently announced insurance …