UK Watchdog Urges Big 4 Accounting Firms to Challenge Clients as Audit Quality Slides July 15, 2020 By Hugo Miller and Michael Kapoor The dominant accounting firms must do a better job of challenging their clients in order to reach a satisfactory level...
West African Coast Re-Emerges as Hotspot for Piracy, Kidnappings: Allianz July 15, 2020 By Elisha Bala-Gbogbo The West African coast has overtaken Southeast Asia as the worst area for piracy and kidnappings reported at sea last...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P July 14, 2020 Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...
Aon Appoints Tunnicliffe as UK Chairman for Global & Specialty Business July 14, 2020 Insurance broker Aon plc announces the appointment of Andrew Tunnicliffe as UK chairman, Global & Specialty, part of its Commercial...
Face Masks Will Be Mandatory in English Shops as PM Johnson Responds to Pressure July 14, 2020 By Thomas Penny Face coverings will be compulsory in all shops in England from July 24 as part of attempts to stop the...
Just One-Quarter of UK Firms Are Prepared for End-of-Year Brexit Transition: Survey July 14, 2020 By Suzy Waite Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according...
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills July 14, 2020 President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate...
UK Plans to Spend $6.6 Billion on Building Flood Defenses Through 2027 July 14, 2020 By Alex Morales Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government...
Global Insurance Premiums Set to Rebound in 2021 After COVID-Related Dip: Swiss Re July 13, 2020 Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will...
Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill July 13, 2020 By Andrew Osborn and Tom Balmforth Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off...