Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack March 29, 2021 By Andrew G. Simpson CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings...
Suez Canal Blockage Likely to Bring Large Losses for Global Reinsurers: Fitch March 29, 2021 The blocking of the Suez Canal and resulting disruption to global shipping is likely to cause a large loss event...
SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why. March 29, 2021 By Supantha Mukherjee and Anirban Sen STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with...
Software Developers Launching Type of Insurance Cover for Cryptocurrencies March 29, 2021 By Olga Kharif Adventurers in what is perhaps the most lucrative and risky corner of the cryptocurrency world are starting to see a...
What Has Changed After Brexit for London’s Financial Center? March 29, 2021 By Huw Jones LONDON — Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them...
Update: Stranded Container Ship Is Refloated; Suez Canal Shipping Traffic Resumes March 29, 2021 By Yusri Mohamed, Nadine Awadalla and Aidan Lewis ISMAILIA, Egypt – Shipping was on the move again late on Monday in Egypt’s Suez Canal after tugs refloated a...
Midwest People Moves: J.M. Wilson; AF Group March 29, 2021 J.M. Wilson Portage, Mich.-based managing general agency and surplus lines broker, J.M. Wilson, has added Rebecca Green as chief financial...
Photographer Wins Copyright Claim Over Warhol Art March 29, 2021 By Larry Neumeister A U.S. appeals court sided with a photographer Friday in a copyright dispute over how a foundation has marketed a...
Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer March 28, 2021 By Jan-Henrik Förster and Aaron Kirchfeld Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the...
State of Emergency Issued in Alabama After Tornadoes Sweep Region March 26, 2021 By Amy O'Connor Alabama Gov. Kay issued a state of emergency yesterday after numerous tornadoes caused damage and deaths across the state. Ivey...