This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary. A summary of these new hires follows here. Specialist Aviation MGA Itasca Names John as CEO, Succeeding Zolotusky Itasca MGA …
Specialist Risk Group’s managing general agent, MX, announced it will soon launch a new specialist motorsport underwriting offering, MX Motorsport. MX Motorsport will underwrite all classes of motorsport business on a global basis supported by A-rated capacity. The team at …
Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium. First launched in 2023, Ariel Green has renewed the consortium and grown the number of markets participating and capacity available, to protect clean …
A bulk carrier has taken on water and is leaning to the side after being attacked while sailing through the Red Sea, underscoring the continuing risks facing ships trying to navigate a waterway long critical to global trade. The Laax …
PricewaterhouseCoopers LLP lost five Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two years. China Taiping Insurance Holdings Co. said on May 27 it …
One of Colombia’s biggest health insurers will gradually cease operations in the country’s public system to avoid further deterioration in its finances. Grupo de Inversiones Suramericana SA’s public insurance unit, which is known as EPS Sura and serves more than …
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to cut shipping emissions, according to shipping data and sources. The global …
This edition of International People Moves details appointments at Blenheim Underwriting’s Syndicate 5886 and the MGA Pen Underwriting. A summary of these new hires follows here. Blenheim Syndicate 5886 Taps Barber From Fortegra as Sr. Liability Treaty U/W Blenheim Underwriting …
In Japanese yen, the profit figure that Tokio Marine Holdings projects for 2024 is ¥1 trillion. While the forecast may seem less extraordinary in U.S. dollars of roughly $6.7 billion, either way it’s a 40% jump over 2023. Executives from …
Strong gales and heavy rain triggered by the first major cyclone of the year lashed the coastlines of India and Bangladesh on Monday, killing at least 16 people and cutting power to millions. The winds had not stopped as night …
