Shipping Firms in Crosshairs as Investors, Insurers Shun Coal November 12, 2021 By Jonathan Saul Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their...
Google Data Privacy Suit Dismissed After Top UK Court Rules Against Class Action November 10, 2021 By Ellen Milligan Google won its bid to dismiss a data privacy lawsuit filed on behalf of millions of iPhone users, after the...
Lloyd’s Broker MNK Re Launches Specialty Wholesale and Retail Unit November 10, 2021 MNK Re Ltd., the London-headquartered Lloyd’s specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale...
ICEYE, McKenzie Intelligence Form Partnership Offering Enhanced Flood Hazard Analysis November 10, 2021 ICEYE, a provider of persistent monitoring with radar satellite imaging and flood hazard data, announced an agreement with McKenzie Intelligence...
Insurtech Arbol Launches Bermuda MGU, Focusing on Parametric Reinsurance November 10, 2021 Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL),...
AXIS Insurance Enters North American Pet Insurance Market With MGU Petplan November 10, 2021 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market...
Asian Insurer FWD Group Weighs Shifting U.S. IPO to Hong Kong: Reuters November 10, 2021 By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG – Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion...
Allianz Posts Better-Than-Expected Q3 Net Profit as It Emerges From COVID Pressures November 10, 2021 By Tom Sims and Alexander Huebner Allianz nudged its forecast for record profit in 2021 even higher on Wednesday after a bumper third quarter while it...
Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk November 9, 2021 Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist...
Greenpeace Germany Sues Volkswagen, Demands Tougher Climate Measures November 9, 2021 By Victoria Waldersee Environmental activist Clara Mayer and the heads of Greenpeace Germany have sued Volkswagen in German court, the NGO said on...