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R&Q’s Quilter Steps Down as CEO, Retires at Year-End; Spiegel Becomes New CEO
R&Q Insurance Holdings Ltd., the non-life global specialty insurance company that focuses on program management and legacy insurance businesses, announced that CEO Alan Quilter will retire at the end of 2023 and is stepping down immediately to run the company’s …
POSTED MARCH 31, 2023 9:32 AM |
Britain to Reform Accountability Rules for Senior Bankers, Insurance Executives
Britain on Thursday launched a long-awaited consultation on reforming rules brought in after the global financial crisis to make top bankers accountable for their decisions, saying a globally competitive finance sector is key to economic growth. Britain broke regulatory ground …
POSTED MARCH 31, 2023 7:37 AM |
People Moves: Everest Taps Chubb’s Chaves to Lead Mexico Operations; BMS Names Munich Re’s Tigleanu for Cyber Strategy; Miller Hires Dipati in Singapore Energy Team
This edition of International People Moves details appointments at Everest Insurance and two brokers BMS and Miller. A summary of these new hires follows here. Everest Insurance Taps Chubb’s Chaves to Lead Mexico Operations Everest Insurance, the insurance division of …
POSTED MARCH 31, 2023 7:15 AM |
Gallagher Launches in Sweden Following Integration, Rebranding of 3 Acquired Brokers
Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova. Gallagher acquired Brim in 2016, followed by Nordic in 2017 and Proinova …
POSTED MARCH 31, 2023 6:33 AM |
Porsche SE Wins Crucial Ruling in Stuttgart Investor Class-Action Lawsuit
Porsche Automobil Holding SE won a crucial ruling in a €900 million ($976 million) class-action style lawsuit from investors who claimed the company should have warned shareholders about the diesel-emission software rigging at Volkswagen AG. The Stuttgart Higher Regional Court …
POSTED MARCH 31, 2023 6:18 AM |
Britain Sets Out Next Steps to ‘Green’ its Financial System
Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial center, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sustainable projects. The ministry said …
POSTED MARCH 31, 2023 5:39 AM |
Walmart Faces Second Lawsuit This Week Over Treatment of Workers
Walmart Inc. was sued on Thursday by the U.S. Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest U.S. retailer of discrimination against workers with disabilities. The EEOC said Walmart illegally demoted Calvin Hagan for …
POSTED MARCH 31, 2023 5:35 AM |
Less Than Half of US Workers Use All Their Vacation Days
Spring break is here, and summer vacations are just around the bend. But while increasingly stressed-out US workers say having paid time off is critical, many still don’t even take all that they’re allowed. Only 48% of US workers say …
POSTED MARCH 31, 2023 5:26 AM |
Richemont Builds Digital Platform to Help Police Fight Watch, Jewelry Theft
Richemont is building a digital platform to help police forces worldwide fight theft of luxury watches and jewelry. The platform is open to the entire luxury industry and owners can register their collections using the brand and serial numbers, the …
POSTED MARCH 31, 2023 5:16 AM |
Florida Regulators Now Reviewing HO Rate Hikes of 14%, 45% and 62%
Three Florida insurance carriers, one large and two small, are seeking approval for major rate increases, with one condominium policy increase as high as 103%. Citizens Property Insurance Corporation’s board of governors this week voted to file for a 14.2% …
POSTED MARCH 31, 2023 5:01 AM |
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