As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties. The American Chamber of Commerce to the European Union (AmCham EU) says proposed revisions to the bloc’s environmental, social and governance …
US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules Read More »
This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here. Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine …
Multiple condominium buildings in Florida have been evacuated since the deadly 2021 collapse in Surfside. Now, residents of a Charleston, South Carolina, structure have been forced out, with city officials citing conditions similar to the Champlain Towers South condo in …
Engineers Assessing Risk After Condo in Charleston, SC, Ordered Evacuated Read More »
RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built to provide European and other global investors with access to RenaissanceRe’s …
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund Read More »
(AP) — Outside Beacon Hill Middle School in the Atlanta suburb of Decatur, like along hundreds of roadsides across Georgia, the unblinking eye of a camera tickets drivers who speed through a school zone. Supporters say cameras slow down drivers …
Georgia Lawmakers Push to Ban Automated Speeding-Ticket Cameras Read More »
Liberty Mutual Holding Co. reported fourth quarter 2024 net income of $1.2 billion – a nearly 90% increase over the same period the prior year. Boston-based Liberty Mutual’s total combined ratio of 91.5 for the fourth quarter was the lowest …
Liberty Mutual Q4 Income Up Nearly 90%, Year Earnings Climb Read More »
NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm. Financial details of the transaction were not disclosed. NFP plans to integrate Clay GBP into its subsidiary Ground Control Business …
Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd. Read More »
The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers who expose fraud, tax evasion, data breaches and other misdeeds. The court handed a fine of 34 million euros ($36.7 …
EU Court Fines Five Countries for Lacking Whistleblower Protection Read More »
Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years. The Australian Prudential Regulation Authority’s suggestion was one of several in a discussion paper released Thursday aimed at bolstering governance …
Australia’s Prudential Watchdog Targets Longest-Serving Board Directors Read More »
Tokio Marine HCC announced a leadership change with the retirement of Mike Schell, president, at the end of this month. Barry Cook, CEO of Tokio Marine HCC International, will additionally assume a newly created position of deputy CEO, effective April …
Tokio Marine HCC President Schell to Retire After 50 Years in Insurance Read More »
