AXA in Talks to Sell Singapore Unit Which Could Raise $700 Million January 20, 2021 By Chanyaporn Chanjaroen and Manuel Baigorri HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which...
Hamilton Appoints AXA XL’s Scully as Head of Casualty Insurance in Bermuda January 19, 2021 Hamilton Insurance Group Ltd. announced the appointment of Elaine Scully as senior vice president, head of Casualty Insurance in its...
Indonesia Earthquake Leaves Thousands Homeless, Killing at Least 84 People January 19, 2021 By Niniek Karmini and Yusuf Wahil MAMUJU, Indonesia (AP) – Aid was reaching the thousands of people left homeless and struggling after an earthquake that killed...
Here’s How European Satellites Can Help Predict the Next Weather Disaster January 19, 2021 By Jonathan Tirone Spain began the new year battling Storm Filomena, a once-in-a-generation weather event that blanketed Madrid in snow and paralyzed the...
BGC Insurance Rebrands as Corant Global January 19, 2021 BGC Insurance (BGCI) has rebranded as Corant Global Ltd., which will become the holding company for all the insurance interests...
World’s Biggest Shipping Line Demands Action Against Piracy Surge Off West Africa January 19, 2021 By William Clowes The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the...
Zurich Insurance to Stop Insuring Russia’s Nord Stream 2 Project: Sources January 19, 2021 Zurich Insurance Group will drop out of Russia’s Nord Stream 2 project in the face of looming U.S. sanctions against...
AXIS Capital Decides to Stop Insuring Arctic Oil and Gas Projects January 15, 2021 By Jennifer A. Dlouhy AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the...
Sompo Int’l Hires Generali’s Brown to Lead New London & International Property Team January 15, 2021 Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced the appointment of Richard...
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims January 15, 2021 By L.S. Howard Insurers, policyholders and industry observers have issued comments on the UK Supreme Court’s ruling that insurers should pay small businesses...