Swiss Re Scores Profit Despite COVID Death Claims, Catastrophe Losses May 3, 2021 By Andrew G. Simpson Swiss Re reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened losses in...
People Moves: Berkley Re UK Names Himmer; RSG Transactional Risks Adds Schiener April 30, 2021 W.R. Berkley Corp. named Clare Himmer as president of Berkley Re UK Limited, effective September 1, 2021. In the interim,...
UK Supreme Court Urged to Allow Privacy Class Action Against Google April 30, 2021 By Kirstin Ridley Blocking a proposed British class action against Google, that alleges it secretly tracked millions of iPhone users a decade ago,...
EU Seeks Review of GMO Rules for Gene-Edited Crops April 30, 2021 By Philip Blenkinsop BRUSSELS — The European Commission launched a review of EU rules on genetically modified organisms (GMOs) on Thursday, opening the...
Liberty Mutual Weighing Options, Delays Australian Coal Mine Project April 30, 2021 By Sonali Paul MELBOURNE — U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia,...
H.W. Kaufman Expands in Europe, Adding Amsterdam Office, London Healthcare Unit April 30, 2021 U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in...
CFC to Launch Lloyd’s Syndicate with Asta as Manager April 30, 2021 LONDON — Specialty insurance underwriter CFC reported that Lloyd’s of London has given preliminary approval to the creation of CFC...
China Continues Crackdown on Fintech Firms April 30, 2021 By Tony Munroe and Cheng Leng BEIJING — Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance,...
London MGA Optio Acquires Nuclear Insurance Specialist MGA Northcourt April 29, 2021 LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed...
U.S.-Style Google iPhone Privacy Case Viewed as a Landmark for UK Class Actions April 29, 2021 By Kirstin Ridley A proposed multi-billion pound British class action against Google, which alleges the internet giant secretly tracked millions of iPhone users,...