Canadian Municipalities Face Surging Liability Insurance Costs July 13, 2021 By Nichola Saminather TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance...
Canada Orders Rail Transport Restrictions in Areas with High Wildfire Risk July 12, 2021 By Steve Scherer OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a...
Shell Abandons Push to Get Oil Spill Lawsuit to Be Heard in Nigeria July 12, 2021 By Todd Gillespie and Laura Hurst Royal Dutch Shell Plc has abandoned its final attempt to argue that a major lawsuit brought by thousands of Nigerians...
Goldman Sachs-Backed Broker Aston Lark Acquires UK Golf Club Specialist Linkscover July 12, 2021 Aston Lark, the London-based insurance broker that is backed by Goldman Sachs, announced the acquisition of the Linkscover brand to...
MGA Rokstone Receives Coverholder License to Underwrite in Africa July 12, 2021 Rokstone, the international speciality re/insurance MGA, part of the Aventum Group, announced it has secured an insurance agent license from...
German Cyber-Security Watchdog Confirms Country’s First ‘Cyber-Catastrophe’ July 12, 2021 By Andreas Rinke A district council in eastern Germany has declared a disaster after its computer systems were paralyzed by a hacker attack...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon July 12, 2021 June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting...
Daily Mail in Negotiations to Sell Catastrophe Modeling Subsidiary RMS July 12, 2021 By L.S. Howard Daily Mail and General Trust Plc (DMGT) said it is in discussions to sell its catastrophe modeling insurance unit, RMS,...
Eight Leading Insurers and Reinsurers Launch Net-Zero Climate Alliance July 12, 2021 Eight of the world’s leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition...
People Moves: LoPiccolo Takes on Client Engagement at AXIS Re; WTW’s Layton Joins Lockton Re; Futers Returns to RMS in UK July 9, 2021 In today’s International People Moves, appointments are detailed from AXIS Re, Lockton Re and catastrophe modeling company RMS. A summary...