With U.S. Leadership Grounded, Global Regulators Worry About 737 Precedent September 5, 2019 By Tracy Rucinski The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over re-approving...
Bahamas Facing Humanitarian Crisis in Wake of Hurricane Dorian September 4, 2019 By Michael Weissenstein and Danica Coto FREEPORT, Bahamas (AP) — Practically parking over the Bahamas for a day and a half, Hurricane Dorian pounded away at...
Colombia Plans $23 Billion Holding Company for State-Run Businesses September 4, 2019 Colombia in November will launch a $23.2 billion holding company comprising 19 companies in which the government has stakes, including...
ArgoGlobal Syndicate 1200 to Exit Asia and Global Hull Underwriting September 4, 2019 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced plans to exit Syndicate 1200’s underwriting operations in Asia and...
UK Banks’ Payment Protection Insurance Scandal Is Getting Costlier September 4, 2019 By Viren Vaghela and Harry Wilson Two major U.K. lenders warned that a last-minute rush by compensation-seeking customers will make the most expensive scandal in British...
Ryan Specialty Group’s Transactional Risk Unit, Hunter George, Gets a Name Change September 4, 2019 Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its...
CFC Underwriting Enhances Product Recall Coverages September 4, 2019 CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new...
MS Amlin Names Beazley as Head of Reinsurance, Replacing Few Who Joins TigerRisk September 4, 2019 Global re/insurer MS Amlin announced that Chris Beazley, CEO of MS Amlin AG, will be expanding his leadership role to...
UK PM’s Brexit Plan Suffers Humiliating Defeat as Election Fight Looms September 4, 2019 By Robert Hutton and Tim Ross U.K. Prime Minister Boris Johnson began moves to trigger a snap general election after suffering a humiliating defeat for his...
Analysts See 2020 Reinsurance Price Hikes Due to Catastrophes September 4, 2019 By Carolyn Cohn and Lena Masri Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance...