European Union Weighs Emergency Approvals for COVID Vaccines March 2, 2021 By Francesco Guarascio The European Commission said on Tuesday that it was considering emergency approvals for COVID-19 vaccines as a faster alternative to...
10 Years After Disaster, Fukushima Nuclear Plant Operator Continues Cleanup March 2, 2021 By Aaron Sheldrick Tepco, the operator of Japan’s wrecked Fukushima atomic plant, said it had successfully removed spent uranium fuel from a damaged...
Reuters Exclusive: India Central Bank Seeks Limit on Banks’ Ownership in Insurers March 2, 2021 By Nupur Anand and Swati Bhat India’s central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than...
Reinsurers Saw ‘Good’ Rate Hikes in January Renewals, but Will Be Asking for More: S&P March 2, 2021 By L.S. Howard Global property and casualty reinsurers saw “good” rate increases during the January 2021 renewals but they came up short of...
Post-Brexit Exodus of Staff and Assets from London to EU Slows March 2, 2021 By Huw Jones LONDON – The shift in financial staff and assets from the City of London to the European Union because of...
S. Africa’s Steinhoff in Talks with D&O Insurers to Help Settle Accounting Crisis Claims March 1, 2021 By Janice Kew Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims...
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
Lloyd’s Plans to Re-Open Underwriting Room on May 17 March 1, 2021 Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May...
AGCS Hires Hegel from Zurich as Regional Head of Client Services & Multinational March 1, 2021 Allianz Global Corporate & Specialty (AGCS) announced the appointment of Kevin Hegel as the new head of Client Services and...
Cinven and GIC Complete Purchase of UK Broker Miller from Willis Towers Watson March 1, 2021 Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, have completed the acquisition of leading specialist insurance...