Mastercard Faces $18.6B Class Action in UK December 14, 2020 By Jonathan Browning Mastercard Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind...
UK Insurer Aviva to Sell Vietnamese Business to Canada’s ManuLife December 14, 2020 By Carolyn Cohn and Sumeet Chatterjee British insurer Aviva PLC is selling its Vietnamese business to Canadian insurer ManuLife Financial Corp, it said on Monday, as...
Record Return of Merger Activity Leads to Massive Growth in M&A Insurance Market December 11, 2020 By Carolyn Cohn LONDON – A record rebound in merger activity this year and a rise in litigation has brought with it an...
Chubb Launches Digital Team for Continental Europe and UK & Ireland December 11, 2020 Chubb has announced the creation of a new digital team for Continental Europe (CE) and the United Kingdom & Ireland...
No-Deal Brexit Grows More Likely as UK-EU Trade Talks Remain Deadlocked December 11, 2020 By Guy Faulconbridge and Gabriela Baczynska Britain is likely to complete its journey out of the European Union in three weeks without a trade deal, British...
Global Banks Battle COVID-19 Crime Wave December 11, 2020 By Sinead Cruise and Lawrence White LONDON — Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one...
UK Insurtech Startup battleface Raises $12M in Funding from U.S. Venture Capital Firm December 11, 2020 UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, announced a $12-million Series A financing round...
New Capital Entering Market Unlikely to Quickly Soften Rates: Vantage Risk CEO December 11, 2020 By L.S. Howard Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn’t too concerned about the...
Cyber Attack on EU Drug Regulator Has Not Disrupted Work on COVID-19 Vaccines December 11, 2020 BRUSSELS – The head of the European Union drug regulator said on Thursday the agency’s work assessing COVID-19 vaccines had...
Insurers Ink $90 Billion in Merger Deals as They Pursue Post-Coronavirus Clout December 10, 2020 By Lucca de Paoli Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak...