Treaty reinsurance written in the London company market grew by almost one-third in 2023, with the sector generating premiums of £10.889 billion (US$14.2 billion), up …
Treaty Reinsurance Premiums in London Company Market Grew by 32% in 2023: IUA
Built-Up Cities Get More Rain Than Rural Outskirts, Study Finds
Cities often get more rain and experience extreme rainfall more often compared to surrounding areas, a new study finds, a phenomenon that compounds other risk …
Factories in Vietnam’s Export Hub May Face Weeks of Disruption After Typhoon Yagi
Typhoon Yagi severely damaged a large number of factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, forcing plants to shut, with some expected …
DBS Group Considers Forming Insurance Partnerships in India, Taiwan: Sources
DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with …
Finland’s Sampo Secures Deal for Danish Insurer Topdanmark
Finland’s Sampo Oyj succeeded in pushing through an offer for Topdanmark A/S in its second attempt to gain control of the Danish insurer. The Finnish …
People Moves: Rhodes Named Berkley Mid-Atlantic President; Korzon Succeeds Ryan at Lockton Northeast; Acrisure Appoints Farbel for Mid-Atlantic
R. Berkley Names Rhodes President of Berkley Mid-Atlantic Insurance Group R. Berkley Corp., headquartered in Greenwich, Connecticut, appointed Antonio Q. L. Rhodes as president of …
People Moves: Mosaic Builds Out Environmental Liability Team With 13 US Hires
Mosaic, headquartered in Hamilton, Bermuda, has added 13 U.S. environmental risk specialists to its team. Team members include Assistant Vice President Iraj Dehnavi, Senior Vice …
Keurig Agrees $1.5M SEC Fine Over Pod Recyclability Statements
Keurig Dr Pepper Inc. agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that the beverage company made inaccurate …
SEC Hits 7 Companies With Penalties for Violating Whistleblower Protections
Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated whistleblower protections, the regulator said …
Viewpoint: Early Action Key to Mitigating Risk in Professional Liability Claims
Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach …