International & Reinsurance News

People Moves: QBE Promotes Europe Product Managers for Cyber and Mgmt. Liability/Financial Institutions; Stoop Named Managing Director of DUAL Benelux

This edition of International People Moves details appointments at QBE and Howden’s managing general agency, DUAL Benelux. A summary of these new hires follows here. QBE Promotes Product Mgrs for Cyber and Mgmt. Liability/Financial Institutions QBE European Operations has appointed …

South Korea Halts Battery Maker’s Operations as It Probes Deadly Blaze

South Korean authorities ordered a halt on Wednesday to the operations of a manufacturer of lithium batteries after a fire killed 23 people, as they investigate three company officials for suspected safety violations. Monday’s fire at unlisted battery maker Aricell …

Specialist Risk Group Buys UK Specialist Schemes Broker, Strategic Insurance Services

Specialist Risk Group (SRG), the London-based insurance intermediary, has agreed to acquire UK specialist schemes broker, Strategic Insurance Services Ltd. (SISL), subject to regulatory approval. Financial details of the deal were not disclosed. SISL becomes SRG’s first acquisition since it …

European Job Seekers Turn Away From UK After Brexit

Irish workers have been making the short trip over to the UK to find employment for centuries, escaping famine and more recently the aftermath of the financial crisis. But new data suggests that job seekers from across the Irish Sea …

Apple Unfairly Fired UK Worker Who Was Part Toxic Workplace Culture, Judge Says

Apple Inc. unfairly fired an employee for making racist comments that were part of a toxic workplace culture at one of its London stores, according to a UK court ruling. Apple’s investigation, before firing Timothy Jeffries who worked as a …

Eastern Canada Wildfire Forces Evacuation of Hydro Plant Workers

A wildfire in an eastern Canadian province moved closer to a huge power plant on Tuesday, forcing the evacuation of workers from a nearby town, officials said. “So (this is) very concerning,” Newfoundland and Labrador premier Andrew Furey told reporters, …

WHO, Scientists Call for Urgent Action on Dangerous Mpox Strain

The spread of mpox in Africa needs to be addressed urgently, the World Health Organization said on Tuesday, as scientists warned separately of a dangerous strain in the Democratic Republic of Congo. “There is a critical need to address the …

‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling, PwC Says

The proportion of workers who expect to switch employers in the next 12 months is higher than that from the “Great Resignation” period of 2022, a PwC survey of the global workforce found. Around 28% of more than 56,000 workers …

People Moves: Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance; Howden’s Aviation Announces 4 Senior Hires

This edition of International People Moves details appointments at Sompo International and Howden Broking. A summary of these new hires follows here. Sompo Taps AXA XL’s Murley as Head of UK Distribution, Insurance Sompo, the Bermuda-based provider of commercial and …

Zurich Insurance Adding 600 People in India Following Kotak Deal

Zurich Insurance Group AG plans to increase headcount in India by 40% over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank Ltd.’s general insurance unit. The Swiss firm is pursuing …

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