Zurich Insurance Reports Sales Growth, Higher Rates, Modest COVID-19 Claims November 12, 2020 Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first...
Pandemic Risks to Last for Months, Warns Swiss Financial Market Supervisor November 12, 2020 By Brenna Hughes Neghaiwi Financial risks related to the coronavirus pandemic will last for months if not years, Switzerland’s financial market supervisor FINMA said...
U.S. Sanctions to Target Insurers In Fight Against Russia-to-Germany Nord Stream 2 November 12, 2020 By Daniel Flatley and Dina Khrennikova The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in...
UK Hopes New Task Force Reassures Business Leaders Over Brexit November 12, 2020 By Andrew MacAskill Britain will attempt to reassure nervous business leaders that it appreciates the need for clarity on rules outside of the...
Coverys Managing Agency Placing Lloyd’s Syndicate 1991 Into Runoff November 12, 2020 By Andrew G. Simpson Coverys Managing Agency Ltd. announced that its DTW Syndicate 1991 at Lloyd’s of London will stop accepting new and renewal...
EU Still Seeking Clarity Over Britain’s Financial Services, Insurance Rules November 10, 2020 By Huw Jones The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels...
Hamilton Promotes 3 at Lloyd’s Unit as Managing Agency CEO, CUO Resign November 10, 2020 Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd’s operations following the resignations of Hamilton Managing...
Tropical Storm Eta’s Rains Threaten Floods for South Florida, Cuba, Bahamas November 10, 2020 By Brian K. Sullivan Nov 10, 2020, 4:33 AM— After coming ashore in the Florida Keys overnight, Tropical Storm Eta is now hovering just...
London Stock Market to Require Climate Disclosures for Listed Companies November 10, 2020 By Huw Jones Companies listed on the London Stock Exchange will have to improve disclosures on the risks they are facing from climate...
Philippine Insurers Under Pressure to Meet New Capital Requirement Amid Pandemic November 10, 2020 AM Best believes local companies in the Philippine insurance industry will still face significant pressure on underwriting growth and profitability...