News - VestNexus.com

Property/casualty price increases grow

Agents and Brokers, P/C Insurers, P/C Pricing, Property

After Fed keeps rates steady, business optimism improves while consumers still feel ‘the pinch’

With one automotive economist acknowledging consumers are still feeling “the pinch,” some of the largest businesses in the U.S. now have some optimistic expectations for 2024 fueled in part because interest rates might finally have peaked. The Federal Reserve kept … [Read More]

UK to restructure data policy and underpin innovation post-Brexit

Oliver Dowden, the UK Secretary of State for Digital, Culture, Media and Sport, has announced that new ‘data adequacy’ partnerships will be struck with the likes of the US, Australia, and the Republic of Korea.

NextGen Nordics 2024: 40+ banks registered to attend

NextGen Nordics returns to Stockholm on 23rd April, and at seven weeks away from the event day, 200 attendees have already registered.

Alternative investments platform YieldStreet raises $62m

Digital wealth management platform YieldStreet has closed a $62 million Series B funding round led by Edison Partners and joined by Greenspring Associates and existing investor Raine Ventures.

PRA shares design and timetable for its 2025 dynamic general insurance stress test

UK regulator the Prudential Regulation Authority (PRA) has revealed the design for its dynamic general insurance stress test (DyGIST), scheduled to take place in 2025.

Aon names Beverely as CBO for Commercial Risk, Gleeson to lead Products and Facilities

Aon, a global insurance and reinsurance broking group, has appointed Michelle Beverely as Chief Broking Officer (CBO) for Commercial Risk and Lucy Gleeson as Head of Products and Facilities, effective immediately.

Bayer, BASF win new trial on damage award in weedkiller lawsuit

Risk Management

Carla Orejas to lead Chubb’s Major Accounts and Distribution for CEMENA

Global insurer Chubb has announced the appointment of Carla Orejas as Head of Major Accounts and Distribution for Continental Europe, Middle East and North Africa (CEMENA), effective June 2, 2025.

David Turner to lead SiriusPoint’s global Claims function

Specialty insurer and reinsurer SiriusPoint has announced the appointment of David Turner as Global Head of Claims, a London-based role.

Davis+Gilbert names Cioffi as chief operating partner

Davis+Gilbert named a new chief operating partner, turning to an expert who has been with the law firm for more than two decades. The firm announced that partner Joseph Cioffi is taking on additional responsibilities as chief operating partner effective … [Read More]