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US fears oil price rises after EU sanctions insuring shipments: FT

The newspaper reported that the US is urging European capitals to ease the ban in a bid to tame inflation.

Samuel Casey, 16 June 2022
AerCap launches High Court claim against AIG and Atrium

The suit is believed to be the first court case against insurers by a lessor in relation to the Ukraine conflict.

Aisling Finn, 16 June 2022
Carnegie-Brown given third term as Lloyd’s chairman

The chairman’s new mandate will now run until June 2025.

Luke Harrison, 16 June 2022
Postlewhite to depart QBE Re as tenure ends

QBE Re CUO Peter Wilkins will step into the role until a suitable replacement is found, the company said.

Aisling Finn, 16 June 2022
Darag Europe books EUR14mn loss for 2021

The legacy carrier’s GWP of EUR28.5mn was less than half that of the prior year.

Rachel Dalton, 16 June 2022
Swiss Re warns of emerging risks of construction and quantum computing

The carrier mapped out the future threat landscape for insurers as part of its annual Sonar report.

Samuel Casey, 16 June 2022
IFRS 17 to cost industry up to $24bn: WTW

Insurers have expressed concerns about hitting the 2023 deadline for the regime.

Rachel Dalton, 16 June 2022
Canadian derecho caused C$875mn of damage: CatIQ

The event is the sixth-largest insured loss event in Canadian history.

Martha Muir, 16 June 2022
BMS acquires Australian retail broker SRG Group

The acquisition is the seventh for BMS in the past two years.

Aisling Finn, 16 June 2022
Competitiveness should not be regulators’ primary objective: Treasury Committee

The committee also warned against any inappropriate weakening of the UK’s regulatory standards.

Luke Harrison, 16 June 2022

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