Update: Hurricane Iota Threatens Honduras, Nicaragua, Just Days After Storm Eta November 16, 2020 By Brian K. Sullivan Hurricane Iota is set to slam into Central America Monday as the Atlantic’s strongest storm of the year, bringing catastrophic...
Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business November 16, 2020 Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with...
HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment November 16, 2020 HSB is expanding its engineering services to deliver consultancy services that enable businesses to improve efficiency and meet their compliance...
Medical Costs of COVID Patients 50% Higher Than Before Hospitalization: German Study November 16, 2020 Medical costs of German COVID-19 patients who have left hospitals are on average 50% higher than before they were admitted,...
AXA Disputes Ruling that It Must Pay Millions of Euros in Back Taxes: News Report November 16, 2020 By Alexandre Rajbhandari AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities...
Brookfield Asset Management to Launch Reinsurer; Distribute Shares to Investors November 13, 2020 By Scott Deveau Brookfield Asset Management Inc. is launching a reinsurance business and plans to distribute shares in the new entity to its...
Goldman Eyes More Business From Europe’s Insurers With Barclays Hire November 13, 2020 By Pamela Barbaglia Goldman Sachs has poached Barclays’ insurance banker Marguerite Bion to win more business from Europe’s biggest insurers as industry consolidation...
Italy’s UnipolSai Stays on Profit Track Despite Coronavirus Resurgence November 13, 2020 UnipolSai, Italy’s second-largest insurer, confirmed its full-year targets on Friday after a 37.7% rise in nine-month earnings, despite an uncertain...
Chinese Grain Plant in Argentina Resumes Operations Following Fatal Accident November 13, 2020 A grains crushing plant of Chinese farm giant COFCO International partially resumed operations on Thursday, after halting them on Tuesday...
Irish Brewer Guinness Recalls Non-Alcoholic Stouts As Safety Precaution November 13, 2020 Irish brewer Guinness said Wednesday that it is recalling cans of its recently launched non-alcoholic stout in Britain over contamination...