Dissatisfied Claimants Put Carriers at Risk of Losing $170B in Premiums: Accenture August 11, 2022 A research report published last week found that one-third of claimants were not fully satisfied with their most recent insurance...
Update: Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations August 11, 2022 By Maria Sheahan and Carolyn Cohn Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the...
UK’s Aviva Gives Lower-Paid Staff £1,000 to Help Pay Soaring Energy Bills August 11, 2022 By Will Louch and Dani Burger UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
BHSI Hires Kammermann for Exec & Professional Lines in Switzerland; Apollo Taps Beazley’s Foster as Head of Property; MGA Aqueous Hires Hall as Development U/W August 11, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Apollo Syndicate Management, and specialist MGA Aqueous...
Historic Drought, Low River Levels Threaten to Cripple Trade Across Europe August 11, 2022 By William Wilkes, Jack Wittels and Irina Vilcu In the midst of an arid summer that set heat records across Europe, the continent’s rivers are evaporating. The Rhine...
UK Insurer Aviva Posts 14% Rise in H1 Operating Profit August 11, 2022 By Carolyn Cohn Aviva plans to return more cash to shareholders, the British insurer said as it posted a better-than-expected 14% rise in...
Wildfires Rage in France, Destroying Homes, Forcing Evacuation of Residents August 11, 2022 By Stephane Mahe and Layli Foroudi Wildfires tore through the Gironde region of southwestern France on Wednesday, destroying homes and forcing the evacuation of 10,000 residents,...
Amazon Warehouse Walkouts Over Pay Seen Spreading Across UK August 10, 2022 By Olivia Solon Hundreds of Amazon.com Inc.’s UK workers are planning walkouts in the coming days after logistics workers clashed with managers over...
Admiral Sees Cost of Motor Claims Running High in Britain and U.S. August 10, 2022 By Carolyn Cohn and Huw Jones The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said...
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...