Swiss Re and Daimler Launch Jointly Owned MGA to Offer Auto, Mobility Insurance October 12, 2020 Swiss Re and Daimler Insurance Services have entered into a strategic partnership for automotive and mobility insurance and launched a...
Container Shipping Group CMA CGM Restores Online Business After Cyber Attack October 12, 2020 CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack...
NFP Acquires UK-Based P/C Broker Ernest R. Shaw Ltd. October 12, 2020 NFP, a New York City-based insurance broker and consultant, announced the acquisition of Ernest R. Shaw Ltd. in a transaction...
Lloyd’s Reviews Product Design of Insurance Contracts in Response to COVID-19 October 12, 2020 Lloyd’s of London is reviewing the way insurance products are designed and sold as it calls for simpler products in...
UK’s Post-Brexit Privacy Protections Fail EU Data Protections, Activist Warns October 12, 2020 By Stephanie Bodoni UK privacy protections were criticized by an activist who told the European Union that the British shouldn’t be trusted to...
Insurers Remain Unfazed by Risks of Clinical Trials for COVID-19 Vaccine October 12, 2020 By Noor Zainab Hussain, Carolyn Cohn and Ludwig Burger The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine...
Bank of England Sees Few Threats to Financial Stability from Brexit October 9, 2020 By Huw Jones and David Milliken Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc,...
Arch Capital Bests Enstar with Offer to Acquire Watford for $622 Million October 9, 2020 By Andrew G. Simpson Arch Capital Group Ltd., which had been reported to be pursuing a deal, has agreed acquire all the common shares...
From Wildfires to Sally to China Floods, September Was a Disastrous Month October 9, 2020 Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap...
UK Financial Services Firms Become More Optimistic, Says Business Survey October 9, 2020 Financial services firms in Britain turned more optimistic for the first time this year as a drop in business bottomed...