Willis Towers Watson Partners with Polecat Intelligence on Emerging Risk Analysis December 18, 2020 Willis Towers Watson, the global advisory, broking and solutions company, announced a partnership with Polecat Intelligence Ltd,, a business intelligence...
Brexit Trade Talks Reach Impasse with Both UK and EU Demanding Compromise December 18, 2020 By Marine Strauss and William James BRUSSELS/LONDON – The European Union said on Friday there were just hours left to strike a Brexit trade deal while...
Judgment in UK COVID Business Interruption Appeal Will Be Handed Down in January December 18, 2020 By Carolyn Cohn LONDON – There will be no judgment in an appeal over business interruption insurance this year, Britain’s markets watchdog said...
S. African Insurer Guardrisk Will Not Challenge Court Ruling on COVID-19 Claims December 18, 2020 JOHANNESBURG – South African insurer Guardrisk will not further challenge a court process that has found it liable to pay...
Climate Change Poses Much Greater Existential Risk for the World Than COVID-19 December 18, 2020 By L.S. Howard Similar to the COVID-19 pandemic, climate change ultimately will be managed by “bending the curve” of temperature rises and greenhouse...
COVID Vaccine Rollout Spurs Demand for Extra Insurance Coverage December 18, 2020 LONDON – Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability December 17, 2020 By L.S. Howard The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Shell Fights Landmark Case Alleging Its Climate Change Stance Harms Human Rights December 17, 2020 By Laura Hurst and Diederik Baazil Royal Dutch Shell Plc is in court in The Hague for the final hearing in a landmark case that could...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog December 17, 2020 By Huw Jones The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like...