Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...
Hiscox to Raise Capital in Response to COVID-19 Growth Opportunities and Exposures May 5, 2020 By L.S. Howard Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company...
Many Japan Firms Resist Telecommuting, Raising COVID-19 Risk for Call Center Staff May 5, 2020 By Makiko Yamazaki and Yuki Nitta Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still...
German Judge Casts Doubt on VW’s Defense in Landmark Diesel-Damages Case May 5, 2020 A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim...
RMS Releases High Definition Models for European Severe Convective Storm May 5, 2020 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS)...
Crane Named CEO of Specialist Re/insurance Broker THB Group May 5, 2020 THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group...
North P&I Enters Blue-Water Hull, Machinery Market May 5, 2020 Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line....
AM Best Places Watford Re’s Ratings Under Review on COVID-19-Related Investment Hit May 4, 2020 AM Best has placed under review with negative implications the Financial Strength Rating of “A-” (Excellent) and the Long-Term Issuer...
AIG Launches Largest-Ever Syndicate at Lloyd’s, Operating in High Net Worth Sector May 4, 2020 American International Group has launched Lloyd’s Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd’s. Syndicate 2019 will...
AI Specialist omni:us Partners with Insurtech Rokk3r to Enter Latin American Market May 4, 2020 omni:us, the insurance-focused artificial intelligence (AI) solution business, has announced a partnership with Rokk3r, a global innovation technology and consulting...