Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh October 26, 2021 Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded...
UK Financial Regulator Raises No Objection to Bain’s Acquisition of Insurer LV= October 26, 2021 By Huw Jones Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions...
Reinsurance Price Increases Support Improving Outlook for Sector: Fitch October 26, 2021 Reinsurers’ plans to continue raising premium rates during the January 2022 renewals are likely to contribute to stronger profitability and...
Parametric Insurer CCRIF Strengthens Belize Warning Systems for Extreme Weather October 26, 2021 Parametric catastrophe insurer CCRIF continues to strengthen Belize’s early warning systems for rainfall and climate forecasting with a new grant...
Australian Publisher Urges Government to Compel Facebook to Negotiate Content Deal October 26, 2021 By Byron Kaye SYDNEY – A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc...
Southern Ontario Storms in September Cause Insured Damages of C$105M October 26, 2021 Storms that hit southern Ontario on Sept. 7 and Sept. 22 caused C$105 million (US$84.9 million) in insured damage, according...
People Moves: Tysers’ Allen to Oneglobal Bermuda; MS Amlin Promotes Wallington for Specialty Re; Kessler Named Chair of Insurance Europe’s Reinsurance Advisory Board October 25, 2021 Allen appointed as Head of Financial Lines for Oneglobal Bermuda Oneglobal Broking, the London-based specialist broker, announced that Christina Allen...
What Are the Economic Stakes of Climate Change? October 25, 2021 By Mark Johnson COP26 climate talks in Glasgow starting next Sunday may be the world’s best last chance to cap global warming at...
Greenhouse Gas Levels Hit Record in 2021 as World Fails to Cap Rising Temperatures October 25, 2021 By Emma Farge and Gerry Mey GENEVA/GLASGOW – Greenhouse gas concentrations hit a record last year and the world is “way off track” on capping rising...
Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion October 25, 2021 Digital insurer Getsafe has received its insurance license from Germany’s financial regulator, BaFin. The license will allow Getsafe to accelerate...