News
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Hiscox adds AIG’s Furth as US head of claims
By Mia MacGregorFeb 13 - (The Insurer) - Hiscox has appointed former AIG executive Alexandra Furth as head of claims in the US, effective 10 March.Furth brings more than two decades of claims and legal leadership experience to the role. She most recently served as AIG’s head of casualty claims. Prio...Reuters
Thu, Feb 13
ACIC promotes Martz to president and CEO, replacing Peed
By Isha MaratheFeb 13 - (The Insurer) - Florida carrier American Coastal Insurance Corporation (ACIC) has promoted Bradford Martz, its president, to CEO and president, effective Tuesday.Martz joined ACIC in July 2020 as president, and served as chief financial officer starting 2023. He has 28 years...Reuters
Thu, Feb 13
CAC’s Media Guarantors adds Sutherland as SVP
By Mia MacGregorFeb 13 - (The Insurer) - Media Guarantors, a CAC Group company serving the television and film industries, has appointed Angus Sutherland as senior vice president of business development and client relationships.Sutherland brings over two decades of experience in the entertainment in...Reuters
Thu, Feb 13
Miller’s Hobbs: Cyber market “a long way off from pricing adequacy”
By Michael LoneyFeb 13 - (The Insurer) - Cyber pricing is not adequate as a result of new entrants and issues around how the market reserves, Miller’s Debbie Hobbs said on Tuesday during a panel at the NetDiligence Cyber Risk Summit in Miami Beach.During a state of the markets panel called “Addressi...Reuters
Thu, Feb 13
Lockton launches Yoder-led digital office
By Isha MaratheFeb 13 - (The Insurer) - Lockton has launched a digital office meant to centre the use of data analytics at the broker, with the unit led by Claude Yoder, who was named chief data, analytics, and digital officer.Yoder has served as Lockton Re's global analytics leader since 2019 ...Reuters
Thu, Feb 13
NATO's Rutte says that Ukraine was never promised NATO membership
BRUSSELS, Feb 13 (Reuters) - Leaders had never promised to Ukraine that it would become a NATO member if it forged a peace deal with Russia, the chief of the Western military alliance, Mark Rutte, told reporters on Thursday."We have to make sure that Vladimir Putin never ever tries again to atta...Reuters
Thu, Feb 13
U.S. RESEARCH ROUNDUP-AppLovin, Equinix, Hubspot
Feb 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including AppLovin, Equinix and Hubspot on Thursday. HIGHLIGHTS* AppLovin APP.O: JP Morgan raises target price to $475 from $325* Equinix EQIX.O: Oppenheimer raises target pri...Reuters
Thu, Feb 13
NATO's Rutte: Putin must understand West is 'united'
BRUSSELS, Feb 13 (Reuters) - NATO Secretary General Mark Rutte said on Thursday that it was important that Russian President Vladimir Putin understood that the West was "united" as peace talks to end its war with Ukraine begin."I don't know what is exactly on President Putin's mi...Reuters
Thu, Feb 13
More US troops expected at border with Mexico, US general says
WASHINGTON, Feb 13 (Reuters) - There are 5,000 active-duty U.S. troops along the United States' border with Mexico, a senior U.S. military official said on Thursday, adding that he expected that number to grow.General Gregory Guillot, the head of U.S. Northern Command, told lawmakers during a he...Reuters
Thu, Feb 13
Mexico could file suit against Google for 'Gulf of Mexico' name change
Adds background, quotes from Sheinbaum MEXICO CITY, Feb 13 (Reuters) - Mexican President Claudia Sheinbaum on Thursday urged Google GOOGL.O to reconsider its decision to rename the Gulf of Mexico the "Gulf of America" for U.S. users, adding the country could file a civil suit against the ...Reuters
Thu, Feb 13
Sport-No women make list of top 100-paid athletes topped by Ronaldo
Feb 13 (Reuters) - Cristiano Ronaldo again topped the list of the world's highest-paid athletes with total income of $260 million in 2024, according to sports industry news site Sportico, but there were no women in the top 100.The leading 100, dominated by players from soccer, the NBA, NFL, golf...Reuters
Thu, Feb 13
USAID environmental funding worth $70 mln frozen in Colombia, minister says
Adds figures on total U.S. funding for Colombia paragraphs 5-7 onwardBy Oliver GriffinBOGOTA, Feb 13 (Reuters) - Funding worth $70 million for environment and conservation projects from the U.S. Agency for International Development (USAID) have been frozen in Colombia after President Donald Trump mo...Reuters
Thu, Feb 13
Ukraine to participate in peace talks 'one way or another', Kremlin says
MOSCOW, Feb 13 (Reuters) - Kremlin spokesman Dmitry Peskov said on Thursday that Ukraine would participate "one way or another" in any talks to end the war, but there would be a separate U.S.-Russian track to the talks, Russian state news agency TASS reported. Another agency, Interfax, q...Reuters
Thu, Feb 13
Avolon secures $177mn insurance settlement for Russia jets
By Ryan HewlettFeb 13 - (The Insurer) - Aircraft lessor Avolon has revealed that it has received an insurance settlement totalling approximately $177mn for aircraft previously on lease to airlines in Russia.The settlement – valued at $150mn net of tax – was revealed in the Dublin-headquartered firm’...Reuters
Thu, Feb 13
Judge keeps US watchdog official targeted by Trump in job, for now
Hampton Dellinger heads the Office of Special CounselAgency reviews complaints of government wrongdoingBy Andrew Goudsward WASHINGTON, Feb 13 (Reuters) - A federal judge has allowed the head of a U.S. watchdog agency targeted for dismissal by Donald Trump to remain in his job for at least two mor...Reuters
Thu, Feb 13
Mexico could file suit against Google for 'Gulf of Mexico' name change, president says
MEXICO CITY, Feb 13 (Reuters) - Mexican President Claudia Sheinbaum on Thursday urged Google GOOGL.O to reconsider its decision to rename the Gulf of Mexico the "Gulf of America" for U.S. users, adding the country could file a civil suit against the firm if necessary.Google changed the name ...Reuters
Thu, Feb 13
Ben & Jerry's maker Unilever picks Amsterdam for ice cream spinoff
London and New York will host secondary listingsUK officials had discussed possible listing with companyShares fall 6.9% in London after results underwhelmUnilever expects 2025 sales growth of 3-5% Writes throughBy Yadarisa Shabong and Richa Naidu Feb 13 (Reuters) - Ben & Jerry's maker U...Reuters
Thu, Feb 13
Bezos' Blue Origin to layoff about 10% across its space, launch business
WASHINGTON, Feb 13 (Reuters) - The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of all its employees, a sweeping readjustment of its space and launch business.Reuters
Thu, Feb 13
UK is accelerating preparation, work on Ukraine security guarantees
PARIS, Feb 13 (Reuters) - The United Kingdom is accelerating its preparation and work on security guarantees for Ukraine, British defence secretary John Healey said on Thursday, after U.S. President Donald Trump said he had spoken with Russian and Ukrainian leaders and had ordered a start to peace t...Reuters
Thu, Feb 13
