WORLD INSURANCE
Allianz: Shipping losses hit a record low in 2022, but jump in fires, shadow tanker fleet and economic uncertainty pose new safety challenges
Shipping transports around 90% of world trade onboard different vessels so maritime safety is critical. Improvements have been significant over…
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UAE to tighten insurance cover for ships flying its flag
In line with the UAE’s steadfast dedication to safeguarding the local, regional, and global maritime industry through strong regulatory measures,…
Sompo International hires Axa XL’s Huber as Head of Marine & Specialty Insurance for Continental Europe
Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of René…
Leadership appointments for Allianz Commercial in Iberia and Latin America
As part of its ‘Integrated Commercial’ strategy, Allianz has announced Managing Directors (MDs) to lead its Commercial insurance business in…
Prudential Financial to Reinsure $10B block of PDI traditional variable annuities with an affiliate of Constellation Insurance Holdings
Prudential Financial, Inc. announced an agreement to reinsure a portion of its traditional variable annuity block with an affiliate of Constellation…
MetLife Announces $19.2 Billion Risk Transfer Transaction; Further Increases Share Repurchase Authorization to $4 Billion
MetLife, Inc. announced it has entered into an agreement with Global Atlantic Financial Group (Global Atlantic), a retirement and life…
Everest Appoints Veteran Legal Advisor Ricardo Anzaldua as Executive Vice President and Group General Counsel
Everest Re Group, Ltd., a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, announced that…
