Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division, alongside the appointment of Dr. Raveem Ismail as head of Parametric Underwriting and Ian Bishop as Parametric Product manager. ASR Parametric brings together …
Fifteen military families have filed a lawsuit against a private company that manages housing at Joint Base Lewis-McChord in Washington over living conditions they say caused property damage and health problems. The 51 plaintiffs filed the lawsuit earlier this month …
The family of a 16-year-old boy fatally shot by Honolulu police last month sued the city and unidentified police officers on Friday, alleging negligence, assault and battery. The lawsuit filed by Akiwine Sykap, grandmother and legal guardian of Iremamber Sykap, …
The sand was packed on a recent sunny day at this upscale beach town on Oregon’s coast, but signs of the state’s cautious approach to the pandemic were still everywhere. Almost all the beachgoers wore masks – those that didn’t …
This wrap-up of international People Moves details recent appointments at broker Acrisure; Willis Re; reinsurance investment firm Acacia Holdings Ltd., and Corant Global. A summary of these new hires follows here. Acrisure, the London-based insurance broker and fintech financial services …
Africa Specialty Risks (ASR), a reinsurance managing general agent focused on the African corporate and specialty market, announced it has launched a fully capitalized and licensed reinsurer based in Mauritius. Alongside the reinsurer license, ASR has also been granted a …
President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change poses to individuals, businesses, the federal government and the U.S. financial system, the White House said. Biden issued an executive …
A day after threatening to publicly release patient data, the hackers who targeted Ireland’s health service offered a decryption key that they said could be used to unlock computers infected with ransomware. While seeming to offer an olive branch — …
Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the world’s leading reinsurance firms. Overall, the northern nation has …
Lockton is bolstering its transaction liability team with key hires across the three transaction liability insurance product lines: Representations and Warranties Insurance, Tax Liability Insurance and Contingent Liability and Litigation Insurance. These hires come on the heels of Lockton’s addition …