Litigation Funders Are Fueling a Rise in UK Class Actions August 10, 2022 By Katharine Gemmell Financiers are helping to fuel a rise in U.S.-style class-action lawsuits in the UK courts, lured by the promise of...
Worst Storm in Century Floods Seoul, Killing at Least 9, With More Rain Expected August 10, 2022 By Jeong-Ho Lee and Sangmi Cha South Korean repair crews took advantage of a lull in torrential rainfall to drain flooded train stations and fix damages...
Ex-Workers at Malaysia Supplier Sue Kimberly-Clark, Ansell Over Alleged Forced Labor August 10, 2022 By A. Ananthalakshmi KUALA LUMPUR – Former workers at Malaysian rubber glove maker Brightway Holdings filed a lawsuit in the United States against...
UK Financial Services Firms Suffer From Record Skills Shortage August 10, 2022 By Olivia Fletcher UK finance firms are struggling with its worst job vacancy rates on record, underlining the skills shortage caused by digitization...
Munich Re’s Profit Slumps as It Takes $1 Billion Hit to Investment Portfolio August 9, 2022 By Stephan Kahl Munich Re’s profit slumped as the reinsurer took a hit of almost $1 billion to its investment portfolio in a...
CNA Hardy Online Raises Attachment Points for Excess-of-Loss Cover to £150M August 9, 2022 CNA Hardy, the specialist commercial insurer that writes business within the Lloyd’s and company markets, announced increased flexibility in the...
People Moves: BHSI Enters Commercial Hull in Australasia, Hiring Hesson From QBE; Hannover Re Appoints Swiss Re’s Ooi to Oversee P/C Growth in APAC August 9, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Hannover Re. A summary of these...
Argenta Ceases Underwriting New and Renewal Business in Singapore August 9, 2022 Argenta Underwriting Asia Pte Ltd (AUA) announced that it will cease writing new and renewal business in Singapore with immediate...
Brazil’s BB Seguridade Posts 86.6% Rise in Q2 Net Profit August 9, 2022 By Gabriel Araujo Brazilian insurer BB Seguridade Participacoes SA on Monday increased its full-year outlook, citing higher-than-expected growth in written premiums as it...
Argo Group Hands Board Seat to Activist Hedge Fund Firm Voce Capital August 9, 2022 By Svea Herbst-Bayliss Argo Group International Holdings handed a board seat to its largest investor on Monday, adding activist hedge fund manager J....