Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry July 21, 2022 By Huw Jones and Sinead Cruise Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as...
People Moves: BHSI Enters Swiss Mkt., Names Metzger as Country Mgr.; AXA XL Promotes Shing for Casualty; Swiss Re Corporate Builds Inherent Defect Ins. Team July 20, 2022 This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA XL and Swiss...
Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor July 20, 2022 Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there...
Low Water Levels in Rhine River Could Have Similar Hit on German Economy as 2018 July 20, 2022 Low water levels in the Rhine river may have a similar impact on German economic output as they did in...
Lost Luggage Claims Jump 30% Compared to Pre-Pandemic Levels: Mapfre July 20, 2022 By Clara Hernanz Lizarraga The number of travelers reporting stranded luggage this summer jumped 30% from 2019, according to Spanish insurer Mapfre SA. More...
Update: Climate Change Alarm Sounded as Wildfires Rage Across Europe July 20, 2022 By Renee Maltezou and Kate Holton Emergency services battled wildfires across swathes of southern Europe amid mass evacuations on Wednesday, as warnings sounded in London after...
Britain Initiates Post-Brexit ‘Transformation’ of Financial Services July 20, 2022 By Huw Jones British financial regulators will have to promote the global competitiveness of the country’s financial sector, though a plan for more...
Nigeria to Continue $3.5 Billion Civil Claim Against Shell and Eni July 20, 2022 By William Clowes and Alberto Brambilla Nigeria will continue its $3.5 billion civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings...
UK Jensten Group Acquires UK Broker Ravenhall Risk Solutions July 19, 2022 The Jensten Group has acquired UK broker Ravenhall Risk Solutions for an undisclosed sum. The deal, which is subject to...
UK Regulator Pushes Insurers to Cut Premiums for Fire-Risk Apartments July 19, 2022 By Katherine Griffiths and Jack Sidders Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following...