Mosaic Launches 7th Regional Underwriting Hub With Opening of Dubai Office January 12, 2023 Bermuda-based Mosaic Insurance has opened an office in Dubai, United Arab Emirates, as a strategic regional platform to access risks...
Britain’s Royal Mail Faces Severe Disruption to Export Services After ‘Cyber Incident’ January 12, 2023 By Sachin Ravikumar Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described...
France’s Verlingue Buys Broker Cabinet Depeyre and MGA Depeyre Solutions January 12, 2023 French broker Verlingue, a subsidiary of Adelaïde Group and specialist in corporate protection, is continuing its external growth strategy with...
UK Financial Services Firms Fear Rise in Loan Defaults: CBI/PwC Survey January 12, 2023 By Tom Metcalf An increasing number of the UK’s financial services firms expect a rise in loan defaults in the next three months,...
Twitter Accused of ‘Sham Redundancy Process’ by UK Staff Targeted in Mass Firings January 11, 2023 By Katharine Gemmell Twitter Inc. was accused of carrying out a “sham redundancy process” and threatened with lawsuits by UK staff targeted by...
British Motor Insurers’ Shares Fall Sharply as Direct Line Scraps Dividend January 11, 2023 By Carolyn Cohn Shares in Direct Line lost more than a quarter of their value on Wednesday after the British motor and home...
Environmental Risks, Climate Change Ranked as Top Risks Facing Planet: WEF Survey January 11, 2023 By Mark John Failure to tackle climate change and environmental degradation dominate the ranking of top risks facing the planet in the next...
Cat Bond Investors Demand Higher Premiums as Weather Becomes More Extreme January 11, 2023 By Lucca de Paoli and Tasos Vossos Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters,...
Britain’s Satellite Launch Fails, but Virgin Orbit Expected to Try Again January 11, 2023 By Paul Sandle NEWQUAY, England – Britain’s hopes of becoming a prime launch site for small satellites remain intact despite the failure of...
Hackers Hit Websites of Danish Central Bank and 7 Private Banks January 11, 2023 Hackers have disrupted access to the websites of Denmark’s central bank and seven private banks in the country this week,...