New Reinsurance Brokerage, ReFlex Solutions, Launches in Bermuda March 8, 2023 ReFlex Solutions Ltd., a new independent reinsurance brokerage, has launched in Bermuda with near-term plans for expansion into London and...
People Moves: Childs to Retire as Chair of Hiscox; Optio Taps Munich Re’s Kennett as UK Head of Political Risk & Terrorism; Conduit Re Names BMS Re’s Binetti to Lead Casualty March 8, 2023 This edition of International People Moves details appointments at Hiscox, Optio Group and Conduit Re. A summary of these new...
UK Insurtech Azur Group Sells Tech Services Unit to Senior Managers, Creating New Firm March 8, 2023 Azur Group, the UK-based insurtech, has agreed to sell its technology services business to its senior managers, backed by prominent...
Cyclone Freddy Sets New Record as World’s Longest-Lasting Tropical Storm March 8, 2023 By Low De Wei A tropical cyclone churning off the coast of Madagascar and expected to make landfall for a second time in Mozambique...
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure March 8, 2023 By Esteban Duarte Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and...
Telematics Master Class: How Progressive Offers Competitive Prices March 8, 2023 By Susanne Sclafane During an investor conference last week, Progressive’s leader revealed some subtle wording changes to the company’s purpose and vision. Unchanged,...
People Moves: Ryan Hired to Lead AGCS North America; Goosehead Leadership Promotions; New Private Equity Head at LSM March 8, 2023 Tracy Ryan will join the Allianz Global Corporate & Specialty SE Board of Management as Chief Regions and Markets Officer...
1 Dead, 9 Hurt in Stampede at Rap Concert in New York March 8, 2023 Apparently false fears of a shooting at a rap concert in Rochester, New York, sent a crowd surging toward the...
Oregon Getting $420K From Nexo Securities Settlement March 8, 2023 Oregon is set to receive more than $420,000 from a settlement with Nexo securities. The North American Securities Administrators Association...
Washington Insurance Commissioner Issues $25K in Fines to Producers, Carriers March 8, 2023 Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $25,500 against insurance companies, producers, brokers and individuals who reportedly...