UK Broker Price Forbes Acquires 100% Stake of Chile Business July 21, 2021 Price Forbes, a London-based insurance broker, announced it has increased its shareholding in Price Forbes Chile to 100% as part...
UK’s Q2 Auto Insurance Premiums Drop to Lowest Level Since Early 2016: Survey July 21, 2021 The cost of a comprehensive car insurance policy in Britain fell 12% in the second quarter to its lowest level...
UK’s Aviva Calls for Urgent Action to Protect Homes, Businesses from Climate Change July 21, 2021 British insurer Aviva called on Wednesday for urgent action from policymakers, developers and insurers to protect homes and businesses from...
UK Risk Management Group Airmic Names Combes as Chair July 20, 2021 The UK risk management association Airmic announced the appointment of Claire Combes as its next chair, effective from Sept. 1,...
Africa Specialty Risks Secures $10M of PVT Capacity from Atrium at Lloyd’s July 20, 2021 Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in...
People Moves: Miller’s Higgins Joins New Broker Inver Re; Hartford Hires AXA XL’s Brodzinski for Global Specialty; Bayman to MS Amlin for Aviation Reinsurance July 20, 2021 This edition of International People Moves covers appointments at a new reinsurance broker, Ardonagh’s Inver Re; The Hartford’s Global Specialty...
German Floods Will Be Expensive but Unlikely to Burn Through Insurers’ Earnings: Fitch July 20, 2021 The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios...
U.S. Firms Operating in Hong Kong Face Risks, Warns American Chamber of Commerce July 20, 2021 By Zen Soo HONG KONG – U.S. businesses operating in Hong Kong should reassess their operations and decide if the risks of operating...
Final Settlement for Brazil’s Samarco Mining Dam Disaster Could Reach $19 Billion July 20, 2021 By Rodrigo Viga Gaier RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage...
Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim July 20, 2021 By Todd Gillespie Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it...