AXA XL Launches Insurance Policy for Autonomous Vehicles March 20, 2020 AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering...
UK Regulator Warns Insurers to Have ‘Robust’ Coronavirus Contingency Plans March 19, 2020 By L.S. Howard The UK Financial Conduct Authority (FCA) reminded insurers on Thursday to have “robust” operational resilience and business continuity plans in...
Willis Towers Watson Taps Marsh’s Finbow as Head of FINEX Financial Institutions March 19, 2020 Willis Towers Watson announced the appointment of Susan Finbow as global head of FINEX (financial, executive and professional risks) Financial...
UK’s Prudential to Buy Thai Bancassurance Partnership from FWD Group March 19, 2020 By Manuel Baigorri Prudential Plc, the UK insurer besieged by activist investor Third Point, has agreed to acquire a bancassurance partnership in Thailand...
Growing Exodus of Workers from City of London Cripples Small Businesses March 19, 2020 By Neil Callanan, Greg Ritchie and Anooja Debnath At lunch hour, James Leahy’s Burrito Joe stall in the City of London’s financial district is usually buzzing as people...
Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis March 19, 2020 By L.S. Howard After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its...
Good Piece of Advice from RMS CEO About Assessing a Change in Jobs March 19, 2020 By L.S. Howard Karen White, CEO of RMS, said one of the best decisions in her career was to join Oracle, which took...
RMS CEO White: Embracing Change in a Transforming Industry March 19, 2020 By L.S. Howard During her career, Karen White, the CEO of RMS, has had a front-row seat to observe what happens with companies...
EU Insurers Must Preserve Capital Positions as Coronavirus Crisis Escalates: Watchdog March 18, 2020 Insurance companies should take measures to preserve their capital position and be prudent about dividend and bonus payments as the...
AIR Worldwide Estimates COVID-19 Global Deaths Could Rise 10K-30K by End of March March 18, 2020 AIR Worldwide, the Boston-based catastrophe risk modeling firm, projected the number of severe cases of COVID-19 could range between 200,000...