Rise of Remote Work to Define Future of City of London May 18, 2022 By Tom Metcalf More than 85% of UK finance workers no longer view the office as their main place of work, highlighting the...
UK Investigates Source of Monkeypox Cases May 17, 2022 By Damian Shepherd Four more cases of monkeypox have been identified in Britain, bringing the total to seven, according to the UK Health...
People Moves: Liberty Mutual Re Hires AXA XL’s Sharman for Casualty Re; SiriusPoint Taps AXA XL’s Pascall as Head of London and Int’l Casualty May 17, 2022 This edition of International People Moves details appointments at Liberty Mutual Re and SiriusPoint. A summary of these new hires...
Allianz to Pay Over $6B for Structured Alpha Fraud, Former Fund Manager Indicted May 17, 2022 By Tom Sims, Alexander Hübner and Jonathan Stempel Germany’s Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey May 17, 2022 By L.S. Howard Cyber attacks are now seen as the dominant risk for many businesses – ahead of the pandemic, economic downturn, skills...
India’s LIC Shares Slump After Record, but Disappointing, IPO May 17, 2022 By Nupur Anand and Chris Thomas Shares in Life Insurance Corp. of India (LIC) slid 6% in their market debut on Tuesday, a fresh setback for...
Climate Change Is Hurting Insurance Industry: Report May 17, 2022 Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
People Moves: QBE Hires RSA’s Germain as Group CIO; MS Amlin Taps AXIS’ Ferguson for Open Mkt. Property; Generali Names 3 for Italy, Global Business Lines May 16, 2022 This edition of International People Moves details appointments at QBE Insurance, MS Amlin, and Generali. A summary of these new...
Drugmaker Sanofi Ordered to Compensate French Family for Epilepsy Drug Side Effects May 16, 2022 PARIS – A French court has ordered Sanofi to pay more than 400,000 euros ($416,440) in damages to a family...