A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed, public broadcaster NHK reported on Wednesday, citing the coastguard. The tanker, Keoyoung Sun, was anchored due to bad weather and …
This edition of International People Moves details appointments at re/insurer Sompo and the re/insurance broker BMS. A summary of these new hires follows here. Sompo Promotes Allen as CUO of Global Markets Commercial P&C Insurance, Succeeding Easton Sompo, the provider …
The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Mediass, an independent Italian insurance broker company. Financial details of the deal were not disclosed. Based in Pescara, in the Abruzzo region, Mediass serves more …
Tokio Marine could potentially spend around $10 billion on overseas acquisitions and is patiently tracking public companies around the world, the co-head of the Japanese insurer’s expanding international business told Reuters. Tokio Marine’s international business has grown to more than …
All the major indicators of climate change smashed historic records last year, with some rising so steeply that the United Nations’ World Meteorological Organization warned they were “off the charts.” The lives of millions of people were upended by natural …
Victims of the 2015 Mariana dam break in Brazil are seeking about 3 billion pounds ($3.8 billion) in compensation from mining companies Vale and Samarco in a new lawsuit launched in the Netherlands, their lawyers said on Tuesday. The compensation …
China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave off the locality’s third potential major default, as the eastern financial district of London grapples with some of the city’s …
A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark, casting fresh light on the risks vessels with unknown ownership pose to the world’s oceans. The incident, which involved the …
Yemen’s Houthis targeted a fuel tanker, MADO, in the Red Sea with naval missile and Israel’s Eilat port and resort region with winged missiles, the group’s military spokesperson Yahya Sarea said on Tuesday. MADO is a Marshall-Islands flagged liquefied petroleum …
This edition of International People Moves details appointments at Gallagher Re and Hannover Re. A summary of these new hires follows here. Gallagher Re Names Flasinski as CEO of N. America, Succeeding Bradshaw Global reinsurance broker Gallagher Re announced the …
