Britain’s Financial Services Industry Plans Blueprint for Post-Brexit ‘Kickstart’ March 21, 2023 By Huw Jones Top officials from Britain’s financial sector said on Tuesday they would set out a blueprint later this year to “kickstart”...
People Moves: Tokio Marine Boosts UK Trade Credit Division With Underwriting Hires From Atradius, Coface; BHSI Promotes Ruddlesdin to Head of PI & Cyber in London March 20, 2023 This edition of International People Moves details appointments at Tokio Marine and Berkshire Hathaway Specialty Insurance (BHSI). A summary of...
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions March 20, 2023 By David Stanway U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday...
Dangers of Disposable Vapes: Lithium Battery Fires, Plastic Waste and Health March 20, 2023 By Sabah Meddings Three fires broke out at the Grundon waste disposal plant near London’s Heathrow Airport in the past six months. In...
Chile Completes $630M Earthquake Insurance Deal With World Bank March 20, 2023 Chile has agreed to an earthquake insurance program with the World Bank protecting it from $630 million worth of damage...
Update: Bank Shares Rise After Credit Suisse Rescue Eases Crisis March 20, 2023 By Amanda Cooper, Tom Westbrook and John Revill U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early sell-off after UBS Group’s state-backed takeover...
Scratched EV Battery? Your Insurer May Be Forced to Junk the Whole Car March 20, 2023 By Nick Carey, Paul Lienert and Sarah McFarlane For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing...
London Market Insurers Publish Guidelines for Marine Casualty Claims March 17, 2023 New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of...
Walmart Pumps $200M Into India’s PhonePe, to Build Insurance, Wealth Businesses March 17, 2023 Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc. at a...
IGI Completes Acquisition of Norway-Based MGA Energy Insurance Oslo March 17, 2023 International General Insurance Holdings Ltd. announced the completion of the acquisition of Norway-based managing general agency Energy Insurance Oslo AS...