British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this was the most demanding target set by any major insurer worldwide. Following the 2015 Paris Agreement on climate change, many …
Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, have completed the acquisition of leading specialist insurance and re/insurance broker, Miller, from Willis Towers Watson. The acquisition was first announced in November 2020. Although financial details of …
Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has promoted Susan Preston to vice president and director of program development for SPG. Preston has been president of Professional Program Insurance Brokerage in Novato, Californias, …
Alex Ilgner has been named as an account administrator within the Environmental and Construction Professional (ECP) Practice of RT Specialty. He is based in King of Prussia, Pennsylvania. In this role, he will support the account management and policy servicing …
Maryland’s capital city has filed a lawsuit against 26 oil and gas companies, saying their industry was taking the environment to a point where fighting climate change would be difficult. The City of Annapolis filed the lawsuit in Anne Arundel …
Allianz Global Corporate & Specialty (AGCS) announced the appointment of Kevin Hegel as the new head of Client Services and Multinational Regional Unit, London and Nordics, effective immediately. He succeeds Ayleen Frete who has assumed a new role at AGCS, …
Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its possession but were instead being held by a payment processing firm at the time of a …
Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May 17. To manage capacity and ensure the market is COVID-secure, it will once again apply a class of business rota …
A Colorado woman is suing a Wyoming ski resort for more than $75,000 in damages after she said she broke her ribs during a chairlift accident. Sabita Shrestha, 75, said she, her daughter and a Snow King Mountain Resort employee …
Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britain inherited the Solvency II insurance …