Venice Floods, Australia Bushfires, India Cyclone Top November Catastrophes December 11, 2019 Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker...
India’s Top Court Reaffirms Content Immunity for Internet Firms in Google Case December 10, 2019 By Upmanyu Trivedi Alphabet Inc.’s Google isn’t liable for defamatory content posted on its platforms after 2009, India’s top court ruled, reaffirming immunity...
Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers December 10, 2019 Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special...
Chubb Becomes First P/C Insurer to Invest in African Trade Insurance Agency December 10, 2019 Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global...
Victor Launches Lloyd’s Syndicate 2288; Frances Named Active Underwriter December 10, 2019 Victor Insurance Holdings, managing general underwriter, has received approval from Lloyd’s if London to establish Victor Syndicate 2288 and commence...
Group Warns Climate Regulations Could Disrupt Investment Strategies December 10, 2019 By Ron Bousso Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging...
Canadian Regulators Approve Genworth Sale of Stake to Brookfield December 9, 2019 Canadian regulators have approved the sale of Genworth Financial Inc.’s majority stake in its Canadian unit to asset manager Brookfield...
8 People Presumed Dead After New Zealand Island Volcano Eruption December 9, 2019 By Charlotte Greenfield Eight people were missing and presumed dead on Tuesday after a volcanic eruption covered a small New Zealand island popular...
Brit Launches the First ILS Fund at Lloyd’s December 9, 2019 Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd’s...
EU Regulators to Weigh If Antitrust Rules Fit for Today’s Global, Digital Markets December 9, 2019 By Foo Yun Chee EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control...