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People Moves: AXA XL Reinsurance Promotes Longbottom and Pedro; Matthias Appointed Global Head of Zurich Resilience Solutions, Succeeding De Nil
This edition of International People Moves details appointments at AXA XL Reinsurance and Zurich Insurance Group. A summary of these new hires follows here. AXA XL Reinsurance Promotes Longbottom and Pedro AXA XL Reinsurance announced it has promoted Julian Longbottom …
POSTED JANUARY 14, 2026 2:30 PM |
Tesla Agrees to Mediation That Could Resolve EEOC’s Racism Lawsuit
Tesla agreed to enter mediation that could resolve the U.S. Equal Employment Opportunity Commission’s lawsuit accusing Elon Musk’s electric car maker of tolerating severe and widespread harassment of Black employees at its Fremont, California, assembly plant. The EEOC said it …
POSTED JANUARY 14, 2026 1:57 PM |
Trade and War Worries Haunt Davos as World Seen ‘on a Precipice’: WEF Survey
A global backdrop increasingly threatened by trade disputes and inter-state conflict is how respondents in a World Economic Forum survey see things panning out in 2026. The annual poll of 1,300 leaders and experts by the organization that will next …
POSTED JANUARY 14, 2026 1:45 PM |
Consumer Acceptance of Telematics Widens, Says Survey
Consumer acceptance of telematics technology in auto insurance is growing, creating opportunity for insurers who can cater to tech-driven drivers who crave personalized pricing and service. Today, 82% of policyholders view telematics apps positively, according to a recent survey by …
POSTED JANUARY 14, 2026 1:33 PM |
2025 Was World’s Third-Warmest Year on Record: EU Scientists
The planet experienced its third-warmest year on record in 2025, and average temperatures have exceeded 1.5 degrees Celsius of global warming over three years, the longest period since records began, EU scientists said on Wednesday. The data from the European …
POSTED JANUARY 14, 2026 1:17 PM |
Sedgwick Launches Global Specialty Platform in London
Sedgwick, the Memphis, Tennessee-based risk and claims administration provider, announced the launch of its Sedgwick Global Specialty platform in London, a dedicated solution designed to handle the largest and most complex losses. The platform represents a major investment to drive …
POSTED JANUARY 14, 2026 12:58 PM |
Drones Hit Two Tankers in Black Sea, Driving Up War Insurance Costs
Drones struck two oil tankers in the Black Sea on Tuesday, including one chartered by U.S. oil major Chevron, the companies involved said, as they sailed toward a terminal on the Russian coast. Both were en route to the Yuzhnaya …
POSTED JANUARY 14, 2026 11:41 AM |
UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk
The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a fresh study by Britain’s main association of actuaries. The Institute and Faculty of Actuaries, which conducted its study together with …
POSTED JANUARY 14, 2026 10:58 AM |
Warburg Mulls $1 Billion Sale of London Insurance Broker McGill
Warburg Pincus is considering a possible sale of UK insurance broker McGill and Partners, according to people familiar with the matter. The private equity firm has held early talks with potential advisers to explore options for London-based McGill, the people …
POSTED JANUARY 14, 2026 10:34 AM |
Markets/Coverages: Aon Expands Data Center Lifecycle Insurance Program to $2.5B
Aon said it has expanded the capacity available in it Data Center Lifecycle Insurance Program from $1 billion to $2.5 billion. The expansion responds to accelerating global investment in cloud computing, artificial intelligence and digital infrastructure and increasing complexity of …
POSTED JANUARY 14, 2026 8:01 AM |
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