UK Watchdog Set to Ease Insurance Rules for Large Companies May 14, 2025 By Leonard Kehnscherper The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the...
South Africa’s Tiger Brands Offers Settlement to Plaintiffs in Listeriosis Class Action May 14, 2025 By Siyanda Mthethwa Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform May 13, 2025 Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial...
Google Facing at Least €12 Billion in Civil Claims Across Europe May 13, 2025 By Karin Matussek Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage claims from dozens of price comparison websites...
India Approves More Russian Insurers to Provide Marine Cover May 13, 2025 By Nidhi Verma India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving...
Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...
Markets/Coverages: MGA Pen Launches Enhanced Cyber Risk Management Platform May 13, 2025 Pen Underwriting, the London-based managing general agent, has invested in a new cyber protection platform called “Pen Protect,” which aims...
People Moves: Everest Promotes Mesagaes to Reinsurance Head of Renewable Energy; Westfield Specialty International Taps Arch’s Poulteney and Kailia for Offshore Energy May 13, 2025 Everest Promotes Mesagaes as Reinsurance Head of Renewable Energy Everest Reinsurance, the reinsurance division of Everest Group Ltd., announced that...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims May 13, 2025 By Tom Sims and Alexander Hübner Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Marks & Spencer Says Hackers Have Stolen Some Customer Data May 13, 2025 By Deirdre Hipwell Marks & Spencer Group Plc said some personal customer data was stolen by hackers as the British retailer continues to...