European Insurers Wary of Rising Threat of Sanctions Against Nord Stream 2 Pipeline December 2, 2021 By Carolyn Cohn and Kirstin Ridley A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover...
Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount November 19, 2021 By Carolyn Cohn LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
Risky Business: Climate Change Turns Up Heat on Insurers, Policyholders November 12, 2021 By Noor Zainab Hussain and Carolyn Cohn Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned...
EU Regulator Says Insurers Could Face Climate Stress Tests as Soon as 2023 November 4, 2021 By Carolyn Cohn and Huw Jones LONDON – Insurers could face European climate stress tests as soon as 2023, the head of the EU’s insurance regulator...
Insurer Hiscox Sets Aside $150M for Hurricane Ida, European Flood Losses November 2, 2021 By Muvija M and Carolyn Cohn Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said,...
Lloyd’s Ups Climate Pledge, Vows to Push Members on Net Zero: Reuters October 28, 2021 By Simon Jessop and Carolyn Cohn Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push...
Electric Scooter Providers Plan Selective Expansion, Seeking Scale to Survive October 18, 2021 By Nick Carey and Carolyn Cohn The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as...
Lloyd’s and London’s Finance District Confront a Past Steeped in Slavery October 6, 2021 By Carolyn Cohn and Huw Jones LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many...
UK Gender Pay Gap Widens for Insurers, While Banks Make a Slight Dent October 5, 2021 By Carolyn Cohn and Iain Withers Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis,...
Amazon to Offer Insurance to Small and Medium-Sized UK Businesses: Broker September 27, 2021 By Carolyn Cohn Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into...