Allianz Notes Rising Business Interruption Costs in Global Claims Report July 22, 2022 The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much...
Luton Airport Runway Meltdown Shows That Airports Are Vulnerable to Climate Change July 22, 2022 By Jamie Freed The temporary disruption at London’s Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to...
Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth July 22, 2022 Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility,...
People Moves: Beazley Chair to Step Down; Miller Forms Farms & Estates Team With 2 Hires From Aon; AXA XL Names HDI’s White as Senior PI Underwriter July 21, 2022 This edition of International People Moves details board changes at Beazley and appointments at Miller and AXA XL. A summary...
OS Climate Launches Tools to Help Firms, Investors Make Climate-Friendly Decisions July 21, 2022 By Simon Jessop Non-profit OS Climate on Wednesday launched the first in a series of free tools to drive climate-friendly decision making by...
How Climate Change Drives Heatwaves and Wildfires July 21, 2022 By Kate Abnett Brutal heatwaves are gripping both Europe and the United States this week and are forecast to dump searing heat on...
Kids More Likely to Be Hospitalized From Off-Road Motorcycles Than Quad-Bikes: Study July 21, 2022 Motorcycles cause a far higher rate of injuries among children than quad bikes do, a study from UNSW Sydney and...
Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry July 21, 2022 By Huw Jones and Sinead Cruise Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as...
People Moves: BHSI Enters Swiss Mkt., Names Metzger as Country Mgr.; AXA XL Promotes Shing for Casualty; Swiss Re Corporate Builds Inherent Defect Ins. Team July 20, 2022 This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA XL and Swiss...
Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor July 20, 2022 Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there...