Wildfires Burn, Farmers Struggle as Another Heatwave Bakes Western Europe August 12, 2022 By Stephane Mahe European nations sent firefighting teams to help France tackle a “monster” wildfire on Thursday, while forest blazes also raged in...
Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns August 12, 2022 Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England...
Britain’s Proposed Post-Brexit Financial Reform Explained August 12, 2022 By Huw Jones Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules...
Dissatisfied Claimants Put Carriers at Risk of Losing $170B in Premiums: Accenture August 11, 2022 A research report published last week found that one-third of claimants were not fully satisfied with their most recent insurance...
Update: Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations August 11, 2022 By Maria Sheahan and Carolyn Cohn Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the...
UK’s Aviva Gives Lower-Paid Staff £1,000 to Help Pay Soaring Energy Bills August 11, 2022 By Will Louch and Dani Burger UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
BHSI Hires Kammermann for Exec & Professional Lines in Switzerland; Apollo Taps Beazley’s Foster as Head of Property; MGA Aqueous Hires Hall as Development U/W August 11, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Apollo Syndicate Management, and specialist MGA Aqueous...
Historic Drought, Low River Levels Threaten to Cripple Trade Across Europe August 11, 2022 By William Wilkes, Jack Wittels and Irina Vilcu In the midst of an arid summer that set heat records across Europe, the continent’s rivers are evaporating. The Rhine...
UK Insurer Aviva Posts 14% Rise in H1 Operating Profit August 11, 2022 By Carolyn Cohn Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in...
Wildfires Rage in France, Destroying Homes, Forcing Evacuation of Residents August 11, 2022 By Stephane Mahe and Layli Foroudi Wildfires tore through the Gironde region of southwestern France on Wednesday, destroying homes and forcing the evacuation of 10,000 residents,...