India Weighs Easing Foreign Investment Rules in Sectors Such as Insurance July 8, 2019 By Aditya Kalra and Aftab Ahmed The Indian government on Friday [July 5] said it will consider further liberalizing foreign direct investment (FDI) rules in certain...
Lloyd’s to Require Cyber Cover Clarity in Re/Insurance Policies July 8, 2019 Lloyd’s of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused...
Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re July 8, 2019 Carriers’ expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018,...
The Mounting Cost of Piracy off Coast of West Africa: Opinion July 3, 2019 By Tobin Harshaw, Bloomberg Opinion Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers, demanded ransoms in the millions of dollars,...
Lloyd’s Sets Targets for Risks Placed Electronically for Remainder of 2019 July 3, 2019 Lloyd’s has confirmed the mandated targets for electronic placement of risks for the remainder of 2019. For Q3 2019 each...
Blanc Resigns as CEO EMEA of Zurich Insurance July 3, 2019 Zurich Insurance Group announced that Amanda Blanc, CEO EMEA and Bank Distribution and a member of the group’s executive committee,...
Global #MeToo Movement Provides Lots of Work for London’s Top Lawyers July 3, 2019 By Kaye Wiggins The global #MeToo movement, in which women across much of the corporate world have spoken out about sexual harassment at...
Reinsurers Offering Better Prices, Capacity for Preferred Trading Partners: Willis Re July 2, 2019 Strengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1 and July 1,...
Lloyd’s Appoints Rigby as Chief Operations Officer July 2, 2019 Lloyd’s of London announced that Jennifer Rigby has been appointed chief operations officer (COO). Rigby has been performing the role...
Thief Steals $1.3 Million Watch. Now What? July 2, 2019 By Claire Ballentine An Azerbaijani tourist’s carefree Ibiza getaway came to an abrupt halt last week when a pickpocket reportedly stole his Richard...