EU Proposes Rules Targeting Cybersecurity Risks of Smart Devices September 16, 2022 By Foo Yun Chee From laptops to fridges to mobile apps, smart devices connected to the internet will have to be assessed for their...
Still Negative: S&P Isn’t Budging on Reinsurance Outlook September 16, 2022 Since May 2020, S&P Global Ratings has had a negative credit outlook on the global reinsurance sector—and analysts said it...
3M Belgian Settlement Signals Increased Risk of ‘Toxic Torts’ in Europe September 16, 2022 By Adam Grossman and Sheryll Mangahas “Toxic torts,” which are lawsuits alleging damage to human health or the environment caused by specific substances, are increasingly common...
Bell Tolls at Lloyd’s for Queen Elizabeth II, Accession of King Charles III September 15, 2022 This morning the Lutine Bell in the Lloyd’s Underwriting Room rang once to mark the death of Her Majesty Queen...
MGAs: An All-Weather Distribution Channel for Soft and Hard Markets September 15, 2022 By L.S. Howard Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market...
People: IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London; Gallagher Re Names Swiss Re’s Choniski as Head of Embedded Insurance September 15, 2022 IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London Property and specialty re/insurer IQUW has named Dan Warburg as its...
Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions September 15, 2022 By Áine Quinn and Alberto Nardelli A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after...
Fire at E-scooter Showroom in India Kills 8, Adding to Vehicles’ Safety Concerns September 15, 2022 MUMBAI – A fire that started at an electric scooter showroom in India killed at least eight people and injured...
Singapore Plans Financial Services Overhaul to Boost Sustainable Finance, Reinsurance September 15, 2022 By Chen Lin Singapore announced plans on Thursday to overhaul its financial services industry by 2025 in a bid to cement its position...
Lloyd’s Gives Green Light to Asta-Managed Trium Cyber Syndicate 1322 September 14, 2022 Asta, the third-party managing agent at Lloyd’s, announced that Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican...