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People Moves: WTW Makes Structural, Leadership Changes to EMEA Regional Operations; Carpenter Taps FloodFlash’s Bartholomew as Head of Parametric Advisory
Insurance Journal | March 30, 2026
People Moves: WTW Makes Structural, Leadership Changes to EMEA Regional Operations; Carpenter Taps FloodFlash’s Bartholomew as Head of Parametric Advisory
This edition of International People Moves details appointments at brokers WTW and Guy Carpenter. A summary of these new hires follows here. WTW Makes Structural and Leadership Changes to EMEA Regional Operations Insurance broker WTW announced structural and strategic changes …
Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says
Insurance Journal | March 30, 2026
Missing Crew Not Found in Iran-Hit Vessel, Thai Ship Owner Says
A search for three crew members reported missing after a Thai-flagged cargo vessel was attacked in the Strait of Hormuz earlier this month failed to locate them, according to ship’s owner. Mayuree Naree, owned by Bangkok-based Precious Shipping Pcl, was …
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders
Insurance Journal | March 30, 2026
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders
The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plans told Reuters. …
Hawaii to Take Over Aging Dam After Failure Scare During Floods
Insurance Journal | March 30, 2026
Hawaii to Take Over Aging Dam After Failure Scare During Floods
A 120-year-old Hawaii dam that reached worrisome levels during heavy rains and devastating flooding, prompting thousands of residents to evacuate for fear of life-threatening failure last week, will soon be taken over by the state. The state’s land board on …
Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk
Insurance Journal | March 30, 2026
Toyota’s China JVs Recall 560,000 SUVs Over Seat Safety Risk
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …
European Commission’s Data Stolen in Hack on AWS Account
Insurance Journal | March 30, 2026
European Commission’s Data Stolen in Hack on AWS Account
The European Commission was hit by a cyberattack that may have resulted in the theft of internal data, months after another incident potentially exposed some staff details. The European Union’s executive arm experienced a breach on March 24, a spokesman …
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War
Insurance Journal | March 30, 2026
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War
Israel and US strikes have wiped out senior Iranian leaders and hit key targets across the country. But after a month of fighting, it is arguably Iran that has secured the most significant strategic victory — a tightening grip over …
Africa’s Biggest City Takes Out $7.5 Million Flood-Risk Policy
Insurance Journal | March 30, 2026
Africa’s Biggest City Takes Out $7.5 Million Flood-Risk Policy
Lagos, Nigeria’s commercial hub, has secured a $7.5 million flood insurance policy so some of its poorest residents can access relief when disaster strikes. The policy covers up to 4 million people in the coastal megacity, according to a statement …
Trump Unveils New Loan Guarantees for Beleaguered Farmers
Insurance Journal | March 30, 2026
Trump Unveils New Loan Guarantees for Beleaguered Farmers
President Donald Trump announced new loan guarantees for farmers and food suppliers, a bid to bolster US agricultural communities squeezed by the impact of the Iran war, tariffs and other challenges. Trump said the loan guarantees would cover farmers and …
Bank of America Agrees to Pay $72.5M to Settle Epstein Accusers’ Lawsuit
Insurance Journal | March 30, 2026
Bank of America Agrees to Pay $72.5M to Settle Epstein Accusers’ Lawsuit
Bank of America agreed to pay $72.5 million to settle a civil lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, court records showed on Friday. Lawyers for the bank and the women …