Swiss Re, Others, Drop Call for Moscow Aviation Dispute Hearing February 7, 2024 By Carolyn Cohn and Kirstin Ridley Swiss Re is among a growing list of reinsurers to drop its demand that a near $10 billion battle with...
Storm Henk Causes Estimated £150 Million in UK Insured Losses: PwC January 10, 2024 By Carolyn Cohn and Simon Jessop Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around...
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots December 7, 2023 By Carolyn Cohn and Noor Zainab Hussain Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the...
Insurers Review Middle East Events Policies After War Leads to Cancellations November 8, 2023 By Carolyn Cohn and Noor Zainab Hussain Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from their event cancellation policies after the Israel-Hamas war...
Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade November 8, 2023 By Carolyn Cohn Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade, it said...
London SPAC to Test Shareholder Appetite for Lloyd’s of London Venture October 31, 2023 By Carolyn Cohn and Pablo Mayo Cerqueiro Financials Acquisition Corp. said Monday it would ask shareholders to back its planned merger with its newly formed insurance venture,...
Aviation War Insurers Cancel Cover for Airlines Domiciled in Israel, Lebanon: Sources October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the...
Lloyd’s in Talks With UN Over New Black Sea Grain Insurance Cover: CEO Neal September 8, 2023 By Jonathan Saul and Carolyn Cohn Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a...
S&P Raises Reinsurance Sector View to Stable From Negative as Rates Keep Rising September 5, 2023 By Carolyn Cohn S&P Global has raised its view of the global reinsurance sector to stable from negative, it said on Tuesday, due...
UK Insurer Aviva Eyes Lloyd’s of London Entry, Posts Above-Forecast H1 Profit August 16, 2023 By Carolyn Cohn Aviva posted an above-forecast rise in first-half operating profit on Wednesday, helped by strong performance in general and health insurance,...