Netanyahu resolved to maintain Israeli military presence in Gaza


Despite growing calls from within Israel for a cease-fire and hostage release deal, Israeli Prime Minister Benjamin Netanyahu insisted Wednesday the Israeli military must remain in Gaza in order to seal the southern Gaza border, known as the Philadelphi Corridor, in order to stop Hamas from smuggling in weapons. Elizabeth Palmer reports from Israel.

Chubb hires QBE’s Greg Giardiello as Global Controller


Chubb has announced the appointment of Greg Giardiello as Global Controller, succeeding Mong-Diep “Dee” Le, who was recently named Chubb’s Chief Auditor. Based in Chubb’s Philadelphia office, Giardiello will be reporting to George Ohsiek, Vice President, Chubb Group and Chief Accounting Officer. “Adding outside skills and perspectives to the deep knowledge and expertise in corporate […]

EPIC strengthens commercial and private client practices with Phillips Bros. acquisition


EPIC Insurance Brokers & Consultants (EPIC) has expanded its presence in the midwest of the US with the acquisition of Phillips Bros. Insurance Agency. Based in Chicago, Phillips Bros. is a multi-line firm that focuses on private client and commercial property & casualty solutions. The fifth-generation family-run firm led by father-and-son duo Kevin and Charlie […]

Reinsurance pricing to perpetually recalibrate, but program restructuring to endure: Guy Carpenter


After 2023 saw substantial reinsurance market corrections, including the restructuring of programs and the reset of pricing, 2024 has focused on the details, but according to executives at Guy Carpenter, while pricing is expected to continuously recalibrate, program restructuring is likely to be sustained. During Guy Carpenter’s recent pre-Monte Carlo media briefing, President and CEO, […]

Tokio Marine HCC launches malicious cyber event coverage for event cancellation


Tokio Marine HCC (TMHCC) – Specialty Group, part of the Tokio Marine HCC companies based in Houston, Texas, has announced the addition of a malicious cyber event extension to its cancellation product. This enhancement is available through both its Lloyd’s syndicate and HCC International Insurance Company PLC. TMHCC – Specialty Group’s event cancellation business is […]

MNK Re appoints Mark Ritson as Director of Energy


MNK Re, an independent broker of specialist risks into Lloyd’s, has announced the appointment of Mark Ritson as Director of Energy. In this role, Ritson will focus on expanding MNK Re’s energy portfolio, leading efforts to develop and secure more business for the firm’s energy team. Manoj Kumar, CEO of MNK Group, expressed enthusiasm for […]