Insurance Services Provider McLarens Opens Madrid Office February 7, 2022 Global insurance services provider McLarens has opened a new office in Madrid, Spain. In addition to expanding its European footprint,...
EU Regulators Call for Action to Catch Up to Potential Systemic Risk of Digital Finance February 7, 2022 By Huw Jones Rapid action is needed to update how cross-border financial services are scrutinized and consumers protected as the sector becomes digitalized...
People Moves: Howden Appoints Former WTW Executive Aubert as CEO of France February 7, 2022 Howden, the London-based insurance broker, announced the appointment of industry veteran Nicolas Aubert as CEO, France. After holding roles in...
Google Sued by Price Comparison Provider, PriceRunner, for $2.4 Billion February 7, 2022 By Supantha Mukherjee STOCKHOLM — Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros...
Cost of UK Auto Insurance in 2021 at 6-Year Low, but Cost Pressures Begin to Bite: ABI February 7, 2022 The average price paid by motorists for their motor insurance in 2021 fell to its lowest level in six years...
Shares in French Care Homes Company Korian Drop as It Faces Group Lawsuit February 7, 2022 Shares in French care homes company Korian slid lower on Monday after a Paris lawyer said she was preparing a...
Cybercrime Gang Tied to Ransomware Attacks in Germany, Colonial Pipeline Hackers February 4, 2022 By Ryan Gallagher A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany’s fuel-distribution system this...
Beazley’s Digital Division Launches, Aiming to Transform Brokers’ Access February 4, 2022 Beazley announced that its global digital trading division, Beazley Digital, is up and running. The new hub brings together underwriting,...
People Moves: Liberty Specialty Promotes 2, Hires Political Risk U/W; HDI Global Names Röllecke Head of Cyber/Financial; Ex-Lloyd’s CEO Ward Becomes CFC’s Non-Exec. Chair February 4, 2022 This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting. A summary of...
Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re February 4, 2022 Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116...