South Korea Defends Mandatory COVID Testing of Foreign Workers March 18, 2021 By Sangmi Cha and Josh Smith SEOUL- Authorities in the South Korean capital defended on Thursday a decision to order coronavirus tests for all foreign workers...
Britain Says Financial Services Agreement With EU Should Come Soon March 18, 2021 By Huw Jones Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told...
Munich Re’s Transportation, Logistics Specialty Broker Roanoke Expands to Canada March 18, 2021 Roanoke Insurance Group is expanding to Canada to provide insurance and surety bonds to companies involved in logistics, transportation and...
EU Threatens to Ban COVID Vaccine Exports to Britain March 18, 2021 By Gabriela Baczynska, Philip Blenkinsop and Sabine Siebold BRUSSELS – The European Union threatened on Wednesday to ban exports of COVID-19 vaccines to Britain to safeguard scarce doses...
Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains March 18, 2021 By Mahesh Mistry and Maura McGuigan Over the last decade, as insurers and reinsurers have sought profitable opportunities for growth, they increasingly have handed the underwriting...
Britain Targets Big 4 Auditors, Company Directors With Reform Proposals March 18, 2021 By Huw Jones Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors responsible for spotting fraud...
AM Best Plans to Assess MGAs, Other Delegated Authority Entities March 17, 2021 By Susanne Sclafane With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in...
‘Green’ Investment Funds Less Vulnerable to Climate-Related Shocks: EU Watchdog March 17, 2021 By Huw Jones Funds investing in “brown” or polluting companies would be hit far harder than environmentally friendly “green” funds in a climate-related...
Specialist MGA CFC Acquires Australian Cyber Security Firm, Insane Technologies March 17, 2021 CFC, a specialist managing general agent, announced it has acquired Insane Technologies, an Australian cyber security and incident response provider....
Xenia Broking to Acquire Status Credit Insurance Brokers in UK March 17, 2021 Xenia Broking Group, the credit insurance and surety specialist, announced it has entered into an agreement to acquire Status Credit...