Lloyd’s Insurer Antares Names Campbell as Head of Specialty, Succeeding Taylor May 14, 2020 Antares, the Lloyd’s managing agent and subsidiary of QIC Global, announced the appointment of Martin Campbell as head of Specialty...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
Typhoon Vongfong Hits the Philippines with Evacuations Expected May 14, 2020 By Brian K. Sullivan Typhoon Vongfong, the Northern Hemisphere’s first named storm [of 2020], is rapidly intensifying east of the Philippines, where it could...
Lloyd’s Expects US$4.3B in COVID-19 Claims – On Par with Costs of 9/11 Terror Attacks May 14, 2020 By L.S. Howard Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result...
Hub Acquires Quebec’s Vestas Financial Services May 13, 2020 Global insurance broker Hub International Limited has acquired Vestas Financial Services Firm Inc. Located in Montreal, Quebec, Canada, Vestas is...
Coronavirus Health Effects Could Last for Years for Some Survivors May 13, 2020 By Lisa Du More than one million people around the world have been deemed recovered from the coronavirus, but beating the initial sickness...
UK Insurer Brit and Google Collaborate to Launch 1st Fully Digital Lloyd’s Syndicate May 13, 2020 Brit Ltd. announced plans to launch Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, in collaboration with Google...
UK Government to Create Temporary Reinsurance Backstop for Trade Credit Insurance May 13, 2020 By L.S. Howard The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit...
Everest Insurance Taps Patel from AIG Europe as UK Head of Transactional Risk May 13, 2020 Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which...