Sarah Collins
-
Aviation
Marsh and Beazley cover first UK space rocket launch
Marsh has brokered insurance for the first space rocket to launch from UK soil, with Beazley carrying the risk. The…
-
CRE People Moves
Descartes makes key hire as parametric interest grows
Louis Bollaert has joined fast-growing, Paris-based and parametric-focused managing general agent (MGA) Descartes Underwriting as chief revenue officer to expand…
-
CRE Insurance
Zurich adopts three-year growth plan with discipline the key
Zurich has announced an ambitious new three-year plan for 2023-2025 that will deliver business operating profit post-tax return on equity…
-
Aviation
BOC Aviation joins aircraft leasing firms suing insurers for Russian jet losses
Another aircraft leasing firm, BOC Aviation, has filed legal action against its insurers over the loss of aircraft stranded in…
-
Climate Change
New climate risk data partnership GRII calls for more government support and innovation
Public-private partnership the Global Resilience Index Initiative (GRII) has met key milestones in the development of a new climate risk…
-
Property
Sharp rise in US commercial property rates forecast for bad risks
Broker Woodruff Sawyer has forecast that US commercial property rates could rise 30% or more for the most challenged exposures…
-
Association News
Tata Steel wins Rims’ global ERM award
Tata Steel has won the Rims 2022 ERM Global Award of Distinction after its risk management team helped the business…
-
Legal & Regulation
S&P agrees to pay SEC $2.5m over conflict of interest
S&P Global Ratings will pay the US Securities and Exchange Commission (SEC) $2.5m to settle charges that it violated conflict-of-interest…
-
Market
SCOR shifts emphasis back to reinsurance as reserves strengthened
French reinsurance giant SCOR has reported further strong growth in its specialty insurance business in its third-quarter results, but the…
-
ESG
UN takes steps to end corporate greenwashing ‘sham’
The UN secretary general has slammed “rank deception” by many corporates over net-zero greenwashing and said this “sham” must end,…
-
Climate Change
Marsh backs disaster risk reduction projects in UN’s Race to Resilience campaign
Marsh McLennan has given its backing to the UN’s Race to Resilience campaign, with direct support to some of the…
-
CRE Risk Management
Artwork attacks raise risk management and insurance concerns
Recent protests in Europe by climate activists targeting high-value artworks are raising concerns among museums, lenders and their insurers. Museums…
-
CRE Risk Management
Long Covid impacting UK workforce
Almost all sufferers of long Covid said it has limited their ability to work, in a new study published by…
-
CRE People Moves
Liberty Specialty Markets names new Spanish head
Liberty Specialty Markets (LSM) has appointed Alfonso Garcia Larriu as general manager of insurance in Spain, joining from March Risk…
-
CRE People Moves
Warkentin to succeed Lohmann as CEO at HDI Germany
HDI Germany’s CEO Christopher Lohmann has announced he is leaving the Talanx group and will hand over to Jens Warkentin,…
-
GRM People Moves
WTW hires global client advocate from Woodruff Sawyer
Willis Towers Watson (WTW) has hired former Woodruff Sawyer & Company executive Andy Blasher as a global client advocate in…
-
Market
Strong ratings momentum seen across all lines: Hiscox
Hiscox, the Bermuda- and London-based international specialty insurer, said the outlook is positive following market tightening post-hurricane Ian and sees…
-
Market
AXA’s Ian losses limited to €400m after cutting nat cat exposure
AXA expects to suffer losses of about €400m from hurricane Ian, with AXA XL’s market share of claims set to…
-
M&A
Gallagher expands in Ireland with Doyle Mahon acquisition
A J Gallagher has bought Irish broker Doyle Mahon Insurances as it extends its presence in Ireland. Doyle Mahon is…
-
Market
Lancashire bullish on pricing outlook
Bermuda- and London-based reinsurer and specialty insurer Lancashire Holdings has announced higher-than-expected catastrophe losses for the third quarter, notably from…