Guy Carpenter Launches Hybrid Solutions UK with Willis Towers Watson’s Upton at Helm July 16, 2020 Reinsurance broker Guy Carpenter & Co. announced the launch of Hybrid Solutions UK, a division of GC Fac, and the...
Swiss Insurers Oppose Tighter Immigration Rules, Says Swiss Re CEO in News Report July 16, 2020 Switzerland’s insurance industry is against tightening the country’s immigration rules, a move that will be put to voters this year,...
S. African Regulator Says Business Interruption Virus Claims Don’t Pose Systemic Risk July 16, 2020 By Roxanne Henderson South Africa’s Prudential Authority expects that business-interruption claims linked to the Covid-19 pandemic poses little systemic risk to the insurance...
Reinsurance Capital Dips 6%, Tightening of Capacity Accelerates: Aon July 16, 2020 By Susanne Sclafane Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic July 16, 2020 By Thomas Trullinger The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the...
Liberty Specialty Names Rieger Head of Casualty Germany, Succeeding Offenhau July 15, 2020 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Rainer Rieger as head of Casualty Germany. Rieger,...
Arch Estimates Q2 Catastrophe Losses Could Hit $225M, Which Include Pandemic Claims July 15, 2020 Arch Capital Group Ltd. has estimated a range of pre-tax catastrophe losses of $205 million to $225 million in the...
AIR Collaborates with Data Firm, Precisely, to Offer Int’l Address-Level Geocoding July 15, 2020 Catastrophe modeling firm AIR Worldwide announced that, as part of its Touchstone 2020 software release, clients now can access a...
Many Skin Whitening Creams Containing High Levels of Mercury Are Sold Online July 15, 2020 By Martinne Geller Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after...
Anglo-Australian Miner BHP Faces $6.3B Lawsuit in UK over 2015 Brazil Dam Disaster July 15, 2020 By Kirstin Ridley More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian...