Cyber MGA Resilience Becomes Lloyd’s Coverholder January 20, 2022 Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s. As...
Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules January 20, 2022 By Karin Matussek Investors who lost money from investing in Wirecard AG shares can’t make Germany’s financial regulator Bafin compensate them, a Frankfurt...
UK Financial Watchdog to Curb Marketing of Cryptoassets, Other High-Risk Investments January 20, 2022 By Huw Jones and Tom Wilson Britain’s financial watchdog said on Wednesday it planned to curb the marketing of cryptoassets and other high-risk investments, a move...
Tonga Avoids Widespread Disaster Despite Massive Volcanic Blast January 19, 2022 By Nick Perry The blast from the volcano could be heard in Alaska, and the waves crossed the ocean to cause an oil...
People Moves: Hamilton Names AIG’s Friston for Financial Lines; WTW Hires Marsh’s Baker for FINEX Banking; Howden Re Taps Berkley Re’s Pike for Treaty Reinsurance January 19, 2022 This edition of International People Moves details appointments at Hamilton Re, Willis Towers Watson and Howden Re. A summary of...
Loss Experience Drives Prices During January Reinsurance Renewals: Fitch January 19, 2022 Loss-affected lines of business, such as property catastrophe in Europe, cyber or retrocession, continued to see significant price increases during...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws January 19, 2022 By Alastair Marsh A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities...
UK Car Insurance Premiums Expected to Be Volatile in 2022: Survey January 19, 2022 The cost of a comprehensive car insurance policy in Britain is expected to be volatile this year, after rising 5%...
UK High Court Throws Out Case Brought by Climate Activists Against Oil Regulator January 19, 2022 By Shadia Nasralla A UK High Court on Tuesday threw out a case brought by climate activists against the country’s oil and gas...
Shortage of ESG Experts Could Have Negative Effect on Canada Financial Services Firms January 19, 2022 By Layan Odeh Canada’s financial sector is facing a talent shortage in sustainable finance as demand for people who can evaluate ESG-related risks...