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...
UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group January 15, 2021 A UK Supreme Court insurance judgment substantially in favor of policyholders will be a “massive boost” for British businesses currently...
UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims January 15, 2021 By Kirstin Ridley and Carolyn Cohn Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts...
NFP Acquires Toronto-Based EdgeHill Insurance Brokers January 14, 2021 NFP, a New York-based insurance broker and consultant, announced the acquisition of EdgeHill Insurance Brokers Ltd., in a transaction that...
Willis Towers Watson Adds Shanghai to Global Markets Property/Casualty Hub January 14, 2021 Willis Towers Watson, the global advisory, broking and solutions company, announced the addition of Shanghai to its global property and...
Warming Arctic Is Key to Understanding Climate Change Risks, Experts Say January 14, 2021 By Clare Baldwin and Kate Abnett HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate...
Catlin’s Convex Group Raises Capital of $500 Million January 14, 2021 Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global...