Insurance

People Moves: Tokio Marine HCC Taps SCOR’s Hannay to Lead New Power Proposition; Miller Hires Kennedy From Shell International for Energy Team

This edition of International People Moves details appointments at Tokio Marine HCC International an...

Credit:

Powerful Winds Cause Destruction, Spark Wildfires in Australia’s State of Victoria

Powerful winds have killed a man and brought widespread destruction across Australia’s second-most...

Credit:

The ‘jab market’ of private COVID vaccines is a good thing for public health – but not for health inequality

Viacheslav Lopatin/ShutterstockCOVID vaccines will go on sale private...

Credit:

Missouri Insurance Department Report Highlights Cost and Lack of Coverage in High-Risk Areas

The Missouri Department of Commerce and Insurance (DCI) issued an Earthquake Survey in December 2023...

Credit:

How Worker Won Workers’ Compensation for Mental Health Care After Car Crash Injury

A Virginia employer cannot assert that an injury is unrelated to a workplace accident while also arg...

Credit:

People Moves: Liberty Names Donatini and Collins VPs, Gootrad Business Development Specialist

The Liberty Company Insurance Brokers named Rick Donatini and Tim Collins to vice president position...

Credit:

Disneyland’s Mickey Mouse And Cinderella Performers May Unionize

Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald ...

Credit:

Case Dismissed: Appeals Court Slams Expert Witness in Diabetes Drug Lawsuits

Multi-district litigation over the diabetes drug saxagliptin, a case that combined more than 80 suit...

Credit:

Microsoft Says it Caught Hackers From China, Russia and Iran Using its AI Tools

State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI...

Credit:

Regulators to Review Power System Performance During Recent Winter Storms

U.S. energy regulators have launched a review of the performance of the bulk power system during rec...

Credit:

FWD Mulls Options for $10 Billion Insurer After IPO Delay, Sources Say

FWD Group Holdings Ltd., the Asian insurer controlled by billionaire Richard Li, is considering opti...

Credit:

Banks, Insurers Ordered to Report Sexism and Bullying Cases in Britain

Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report ho...

Credit:

Mapfre reports revenue of EUR24.8bn as Mapfre Re profit jumps 75%

Mapfre recorded a net result of EUR677mn, a 20% increase on the year prior.

Credit:

LSM war and terror head Beattie exits for Talbot

Talbot is rebuilding its PV team after a December Ark and Chaucer raid.

Credit:

HDI and Arch among James River bidders as final bid deadline looms

Earlier in the process, sources linked Sentry Insurance with a bid for the E&S insurer.

Credit:

Agile Underwriting targets Asta-managed syndicate-in-a-box

The Australian outfit is the latest in a flurry of Lloyd’s start-ups.

Credit:

AIG cut spend by $200mn on 1.1 property cat reinsurance program: Zaffino

Its property cat aggregate cover renewed with improved coverage.

Credit:

Miami a vital hub for Lloyd’s syndicates, coverholders: Tiernan

LatAm represents $1.3bn in premiums, the Caribbean $1bn and Bermuda $700mn.

Credit:

Arch Capital Q4 CoR rises 5.4 points to 78.9% on higher cat losses

During the quarter, it booked $137mn in cat losses versus $34mn a year ago.

Credit:

Casualty reinsurance renewals saw ‘modest’ rate changes in 2023: AM Best

Reinsurers maintained ‘ample’ capacity for 1 January renewals.

Credit:

Tower expects to reach or exceed top end of underlying profit guidance for FY24

The carrier set the initial profit guidance to NZ$22mn-NZ$27mn.

Credit: