Insurers Warn Canada’s Moving Too Slowly on Flood Mapping May 6, 2021 By Steve Scherer OTTAWA – Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry,...
People Moves: AXA XL’s Powell Joins Zurich Financial Lines; BHSI Transactional Adds Lockton’s Thieviasingham May 5, 2021 Zurich Insurance Group has appointed Timothy Powell as global head Financial Lines and Cyber, a newly-created role that combines lines...
Crews Complete Transfer of Cargo on Tanker Off China Coast May 5, 2021 Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can...
Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings May 5, 2021 Hiscox Ltd reported gross written premiums up 6.3% to $1,256.6 million, with growth in Hiscox London Market, Hiscox Europe and...
Block Britain From Cross-Border Court Pact, Says EU May 5, 2021 By Huw Jones Britain should not join a cross-border accord for recognizing courts and their rulings, the European Commission recommended on Tuesday, in...
Rescues Halted in Deadly Mexico City Railway Overpass Collapse May 5, 2021 By Anthony Esposito and Noe Torres MEXICO CITY – At least 23 people were killed and 65 were hospitalized when a railway overpass and train collapsed...
French Regulator Urges Insurers, Banks to Speed Climate Change Response May 5, 2021 By Huw Jones French banks and insurers should speed up their response to climate change, France’s banking regulator said on Tuesday, after publishing...
Commercial Insurance Price Hikes Begin to Moderate: Marsh May 5, 2021 Global commercial insurance pricing continued its double-digit growth in the 2021 first quarter, but the rate of increase dipped for...
Beat Capital Launches Tegron Specialty for D&O; Names Navigators’ Shore CEO May 4, 2021 LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that...
Nurse Shortage Is Latest Obstacle for Tokyo Olympic Games May 4, 2021 By Stephen Wade and Yuri Kageyama TOKYO – Some nurses in Japan are incensed at a request from Tokyo Olympic organizers to have 500 of them...