UK, EU to Create Financial Services Cooperation Forum for Market Access Talks February 23, 2021 By Huw Jones and Carolyn Cohn Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March...
Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed February 23, 2021 Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it...
Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions February 23, 2021 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid...
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine February 23, 2021 Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding...
BHSI Appoints MSIG’s Neumann as Head of Casualty in Germany February 23, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Mathias Neumann as head of Casualty in Germany. Mathias has more...
UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy February 23, 2021 By Benjamin Robertson Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in...
QBE Reports Full-Year 2020 Loss of $1.5 Billion; No Final Dividend Declared February 22, 2021 QBE officially announced a $1.5 billion bottom-line net loss for 2020 late last week, confirming a figure the Australia-based insurance...
Third Point Re Announces Appointments to SiriusPoint Leadership Team February 22, 2021 Third Point Reinsurance Ltd. has announced additional executive and senior underwriting roles at SiriusPoint Ltd., the new company created as...
Debris Could Threaten Operations in Space – as Well as Earthbound Activities February 22, 2021 Hiscox, the specialist insurer, has called for action to tackle the growing problem of manmade space debris and the threat...
About 1,000 EU Finance Firms, Such as Insurers, Eye Post-Brexit Outposts in UK February 22, 2021 By Silla Brush Around 1,000 European Union finance firms are expected to open their first offices in the UK after losing their passporting...