Update: Credit Suisse Files 5 Insurance Claims Related to Greensill-Linked Funds January 13, 2022 By Brenna Hughes Neghaiwi ZURICH — Credit Suisse has filed five insurance claims related to $1.17 billion in exposure across two of its Greensill-linked...
UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF January 13, 2022 KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment...
Climate Activists Behind Landmark Shell Verdict Set Sights on 30 Multinationals January 13, 2022 By Anthony Deutsch and Simon Jessop The Dutch wing of environmental group Friends of the Earth, which won a landmark court case against Royal Dutch Shell...
Reinsurers’ 2022 Profit Outlook Better Than Primary Insurers: Fitch January 13, 2022 By Susanne Sclafane The trailing impacts of premium and loss trends on the books of property/casualty reinsurers makes the 2022 outlook for reinsurers...
Specialist Risk Group (SRG) to Acquire Bridge Insurance Brokers’ Special Risks Team January 13, 2022 Specialist Risk Group (SRG), the London-headquartered broker, has entered into an agreement to acquire Bridge Insurance Brokers’ Special Risks team....
Foxconn India Restarts Production at iPhone Plant After December’s Worker Protests January 13, 2022 By Sudarshan Varadhan CHENNAI – Apple Inc supplier Foxconn restarted production at its plant in southern India on Wednesday, a company official said,...
Global Life Insurers Adapt Pandemic Risk Models After Unexpected Jump in Claims January 13, 2022 By Carolyn Cohn and Noor Zainab Hussain A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the...
Thawing Permafrost Could Damage Up to 50% of Arctic Infrastructure: Report January 12, 2022 By Gloria Dickie Thawing permafrost could put as much as 50% of Arctic infrastructure at high risk of damage by 2050, requiring tens...
Lloyd’s, IUA Sign Contract With DXC to Help Build Fully Automated Processing January 12, 2022 Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that...
WTW Launches Crisis Management Business Unit for Security Risk Management January 12, 2022 Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR)...