More Canadian Businesses to Introduce Vaccine Mandates for Employees: Minister August 26, 2021 By Steve Scherer More Canadian businesses will introduce COVID-19 vaccine mandates for their employees to safely return to the office amidst a growing...
Canada’s Ruling Party Plans Tax Hike for Big Insurers, Banks to Fund COVID Recovery August 26, 2021 By David Ljunggren and Nichola Saminather OTTAWA – Canada’s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most...
Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report August 26, 2021 By Tim Quinson For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts...
People Moves: Howden Names Willis’ Everling as CEO Netherlands, Corporate; Carpenter’s Christian to BMS Re; Aon Reins Hires TigerRisk’s Jackson in U.S. August 25, 2021 This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the...
UK Insurers Warned They Could Face Regulatory Action Over Car, Home Policies August 25, 2021 By Huw Jones LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home...
Insurtech ELEMENT and MGA Parametrix Launch Cloud Outage Insurance in Europe August 25, 2021 ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies...
China’s Cities Aren’t Prepared for Extreme Weather Caused by Climate Change August 25, 2021 By Bloomberg News Climate change is making China’s annual summer floods worse, and cities housing millions of people aren’t prepared to handle the...
EY Fined $4.8M by UK Accounting Watchdog Over Audit of Transport Firm Stagecoach August 25, 2021 Britain’s accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the...
South Africa’s State Insurer to Raise Premiums to Cover Riot-Related Reinsurance Costs August 25, 2021 JOHANNESBURG – South Africa’s only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs...
Insurer Lessons From UK Court Ruling on Business Interruption: Put Customers First August 25, 2021 By James Harrison COVID-19 has led to the disruption of millions of businesses around the UK, particularly for SMEs who have been beset...