COVID-19 Pandemic to Intensify Risks for Insurers: EU Regulator July 30, 2020 Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and...
Insurer Canopius Promotes Pike to Head of Credit & Political Risk July 30, 2020 Canopius announced it has promoted Stephen Pike as head of Credit & Political Risk (CPR) team, part of the Credit,...
AIR Worldwide Releases Updated Caribbean Cyclone and Earthquake Models July 30, 2020 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Tropical Cyclone and Earthquake Models for the...
Japan Government Urges Firms to Aim for 70% Telecommuting as COVID Cases Surge July 30, 2020 Japan’s economy minister said on Monday [July 27] the government would urge businesses to aim for 70% telecommuting and enhance...
London Expects Only Half of Bankers to Return to Their Offices by Year-End July 30, 2020 By Huw Jones London’s normally buzzing financial districts will still be a pale shadow by the end of the year, as banks plan...
Generali’s First Half Net Profit Drops 56.7% with COVID Hit July 30, 2020 Generali’s first half net profit dropped by 56.7% to €774 million ($909.8 million), compared with €1.8 billion (US$2.1 billion) reported...
Finland’s Sampo Oyj Explores Cash Offer of UK Insurer Hastings July 30, 2020 By Aaron Kirchfeld, Dinesh Nair, Jan-Henrik Förster and Ruth David Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer...
South Korea Investigates Suspected Safety Issues with Tesla Vehicles July 29, 2020 South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing...
Aon and Insurtech Skytek Collaborate to Track Marine Assets During Hurricane Season July 29, 2020 With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon...
Analysis: Fintech Funding Slides as Coronavirus Casts a Chill with Venture Capitalists July 29, 2020 By Iain Withers, Anna Irrera and Tom Wilson Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it’s a tough time to be seeking up...