EU Permits Free Flow of Data with UK to Avoid Violations of Its Strict Privacy Rules June 29, 2021 By Stephanie Bodoni The European Union gave its formal blessing to a decision guaranteeing the free flow of data between the bloc and...
EU to Update Workplace Safety Rules, Reflecting Shift to Home Working During COVID June 29, 2021 BRUSSELS – The European Commission plans to update its rules on worker safety to reflect the shift millions employees made...
People Moves: Liberty Mutual’s Streeton to Aon Reins Solutions; Guerin Promoted at Marsh UK Corporate; Ed Broking’s Parker and Lech to Alesco June 28, 2021 These international People Moves cover recent appointments at three insurance brokers: Marsh, Aon and Alesco. A summary of these new...
French Mutual Insurer Covéa Eyes Purchase of AXA XL’s Reinsurance Business: Reports June 28, 2021 By L.S. Howard Covéa, the French non-life mutual, is interested in acquiring AXA XL’s reinsurance business, AXA Re, in a deal that could...
Insured Losses for March’s New South Wales, Queensland Floods Estimated at A$916M June 28, 2021 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its second industry loss estimate for the New...
Update: Hurricane Enrique Brushes Past Mexico’s Pacific Coast June 28, 2021 MEXICO CITY – The first hurricane of the eastern Pacific season brushed past the coastal shoulder of southwestern Mexico Monday,...
Dutch Insurer NN Group Offers to Buy Part of MetLife’s European Businesses June 28, 2021 By Jan-Henrik Förster and Katherine Chiglinsky NN Group NV offered to acquire part of MetLife Inc.’s businesses in Europe, saying the move is in line with...
UK Accounting Regulator Probes Greensill and Wyelands Bank Auditors June 28, 2021 By Huw Jones LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands...
Hiscox Agrees to Arbitration Settlement with UK Policyholders over COVID-19 BI Losses June 28, 2021 Hiscox has agreed an arbitration settlement with a group of policyholders over business interruption losses due to the government’s COVID-19...
People Moves: Arch’s Kashuba, TransRe’s Robinson to Ascot; Marsh’s Little to MS Amlin; Allianz’ Schaefer to Howden June 25, 2021 These international People Moves detail new hires at two Lloyd’s insurers (Ascot and MS Amlin) and broker Howden. A summary...