Insurance

This edition of International People Moves details appointments at the re/insurance MGA Rokstone and Arch Insurance. A summary of these new hires follows here. Rokstone Taps Hogarth From Castel for Direct & Facultative Property Team Rokstone, the London-based speciality re/insurance …

GULFPORT, Miss. (AP) — The largest seafood distributor on the Mississippi Gulf Coast and two of its managers have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish, weeks after a restaurant and its co-owner …

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two aging tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia’s “shadow fleet.” One crew …

CRC Group, one of North America’s leading independent wholesale specialty insurance distributors, has acquired SLB Insurance Group, a binding authority operation with offices in Florida and Louisiana. Founded in 2000, SLB specializes in small to midmarket property and casualty, trucking, …

Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years. The measures will affect around 500 positions, of which …

Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some fear it will be hard to enforce and too costly. Many small and medium-sized firms, which form the backbone of …

Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against cybercrime. Modern cybercrime includes stealing personal information, hacking into systems, spreading viruses and tricking people into giving away money or …

A warming climate fueled the blitz of six powerful storms that hit the Philippines within a matter of weeks this year, according to a new study. The conditions that enabled the unusual string of tropical cyclones late in the season, …

Lloyd’s of London members have set up a working party to examine the commercial insurance market’s plans to overhaul its conduct rules, a trade body said on Friday, following criticism of the strengthened powers in the new rules. Lloyd’s has …

German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion, the company said in a statement on Monday. Reuters reported on Dec. 13 that the insurer had scrapped the proposed …