Moody’s Sees Low Interest Rates Hurting French P/C Insurers’ Profits in 2020 December 12, 2019 The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low...
Allianz UK Launches ‘Cyber Select’ Offering for Mid-Size Corporations December 12, 2019 Allianz UK has launched Cyber Select, a cyber offering designed primarily for mid-corporate businesses. Cyber Select’s cover is designed to...
Germany, Global Parametrics, Hannover Re Launch Climate Impact Fund December 11, 2019 Hannover Re and a parametrics company along with several German economic development agencies have created a natural disaster fund targeting...
New Zealand Tragedy Raising Questions About Live Volcano Tourism December 11, 2019 By Charlotte Greenfield Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity,...
Fast-Growing German Insurtech Wefox Raises $110 Million More December 11, 2019 German insurance technology firm Wefox said on Wednesday it had attracted an additional $110 million of investment in its second...
China Moves to Secure Government Ownership Control of Insurers, Banks December 11, 2019 By Cheng Leng China’s finance ministry said on Wednesday it will make it harder for ownership changes to be made to financial institutions...
Former Lloyd’s CEO Beale, Grant Thornton CEO Chipman Join Clyde Law Firm Board December 11, 2019 Insurance law firm Clyde & Co has appointed two independent board members to its management board – the first such...
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...