Credit Suisse Investors Express Concern About Fallout from Greensill Collapse March 16, 2021 By Brenna Hughes Neghaiwi, Carolyn Cohn and Oliver Hirt ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows...
Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits March 16, 2021 By Maria Chutchian and Mike Spector Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin...
TransRe CEO Sapnar to Step Down, Succeeded by Brandt March 16, 2021 TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through...
Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer March 16, 2021 The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID...
Marsh & McLennan Drops & March 16, 2021 In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped...
Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work March 16, 2021 Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to...
Credit Suisse Risk Officer Discovered in February Greensill’s Insurance Would Expire March 16, 2021 ZURICH – Credit Suisse’s Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related...
Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade March 16, 2021 BEIJING – China’s capital and a wide swath of the country’s north were enveloped Monday in the worst sandstorm in...
Update: Private Equity Firm BC Partners Agrees to Buy Insurance Service Company Davies March 16, 2021 By Jan-Henrik Förster BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the...
Oklahoma House Unanimously Passes Cybercrime Bill March 16, 2021 A bill to address a growing trend of cybercrime unanimously passed the Oklahoma House of Representatives on March 10 with...