Britain’s Financial Regulator Opens Investigation Into Greensill Collapse May 11, 2021 By Huw Jones Britain’s Financial Conduct Authority said on Tuesday it was formally investigating the UK operations of collapsed supply chain finance company...
AXIS Re Appoints New Division Leaders May 11, 2021 AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings Ltd., announced appointments within its leadership team, creating a...
UK Sees Surge in Cyber Scams Using Bogus Websites in 2020 May 11, 2021 By Thomas Seal Criminals launched more websites to trick people into giving up data, downloading malware and sending them money during 2020, taking...
Apple Faces UK Lawsuit over Claims It Overcharged 20 Million App Store Users May 11, 2021 By Ellen Milligan Apple Inc is facing a London lawsuit over claims it overcharged nearly 20 million UK customers for App Store purchases,...
French Court Throws Out Lawsuit for ‘Agent Orange’ Damage During Vietnam War May 11, 2021 By Dominique Vidalon and Yiming Woo PARIS – A French court on Monday threw out a lawsuit by a French-Vietnamese woman against more than a dozen...
Insurer UK Club Says Suez Canal Ship’s Reduced Claim Is Still Too Big May 10, 2021 CAIRO – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday...
Italian SPAC Aims to Target Deals in Insurance Sector May 10, 2021 MILAN – Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special...
Italy’s Generali Buys Stake in E-scooter Operator Ridemovi May 10, 2021 MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services,...
Insurers Seek to Find Ways to Make Pandemics Insurable May 10, 2021 By Carolyn Cohn LONDON – When much of the global economy locked down last year, insurers, facing estimated losses of more than $100...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage May 10, 2021 By Karin Matussek Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year,...