Who’s On the Hook If COVID-19 Vaccines Go Wrong?: Viewpoint January 7, 2021 By Anjani Trivedi, Bloomberg Opinion and Andy Mukherjee, Bloomberg Opinion The COVID-19 vaccines are here and distribution has begun. But what if something goes wrong? Whether it’s a loss of...
Pro Global Expands in Latin America with Brazil Office January 7, 2021 Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. (Pro) announced the expansion of its services within Latin America...
Arthur J. Gallagher & Co. Acquires Canada’s Cain Insurance Services Ltd. January 7, 2021 Arthur J. Gallagher & Co. announced the acquisition of Cain Insurance Services Ltd., based in Fredericton, New Brunswick in Canada....
Assoc. of Bermuda Insurers and Reinsurers Elects Arch Capital’s Grandisson as Chair January 7, 2021 The Association of Bermuda Insurers and Reinsurers (ABIR) announced its biennial election of officers for 2021-2022. New ABIR officers elected...
Pen Underwriting Extends Long-Term Partnership with Zurich to Provide Fleet Capacity January 7, 2021 Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist...
Global Natural Catastrophes Cost $210 Billion in 2020: Munich Re January 7, 2021 Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit...
COVID-19 Pressures Threaten About 4,000 Small UK Financial Firms January 7, 2021 By Silla Brush Britain’s market watchdog warned about 4,000 small financial firms are at greater risk of failure from the coronavirus as the...
Marsh Launches UK & Ireland Sharing Economy & Mobility (SE&M) Industry Group January 6, 2021 Marsh, the insurance broker and risk adviser, has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the...
Final Insured Losses for Australian Bushfires of 2019/2020 Estimated at A$1.866B January 6, 2021 Insured losses for the Australian bushfires of 2019/2020 rose to A$1.866 billion (US$1.441 billion), according to estimates issued by PERILS,...
British Columbia’s New COVID-19 Restrictions Disrupt Construction Projects January 6, 2021 By Nia Williams CALGARY, Alberta – Restrictions imposed by British Columbia to fight the spread of COVID-19 infections after the holiday break have...