Uber Reclassifies 70,000 UK Drivers as Workers – Providing Minimum Wage, Benefits March 17, 2021 By Ellen Milligan Uber Technologies Inc. will reclassify all 70,000 of its UK drivers as workers, entitling them to the minimum wage, vacation...
Swiss Re Announces Net-Zero Climate Targets in Underwriting, Investments March 16, 2021 Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset...
Credit Suisse Investors Express Concern About Fallout from Greensill Collapse March 16, 2021 By Brenna Hughes Neghaiwi, Carolyn Cohn and Oliver Hirt ZURICH — Credit Suisse warned it may have to book a charge over its dealings with Greensill, as scrutiny grows...
TransRe CEO Sapnar to Step Down, Succeeded by Brandt March 16, 2021 TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through...
Insurance Industry Groups Join Forces to Help UK Career-Break Women Return to Work March 16, 2021 Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to...
Credit Suisse Risk Officer Discovered in February Greensill’s Insurance Would Expire March 16, 2021 ZURICH – Credit Suisse’s Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related...
Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade March 16, 2021 BEIJING – China’s capital and a wide swath of the country’s north were enveloped Monday in the worst sandstorm in...
Update: Private Equity Firm BC Partners Agrees to Buy Insurance Service Company Davies March 16, 2021 By Jan-Henrik Förster BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the...
Miller Appoints Ex-Aon Executive Simpson as Head of Bermuda March 15, 2021 London-based broker Miller has appointed Charlie Simpson to lead its new platform in Bermuda. Simpson, who joins as head of...
Iran Blames Israel for Explosion that Damaged Container Ship in Mediterranean March 15, 2021 By Arsalan Shahla Iran said Israel was likely behind an explosion that damaged an Iranian container ship in the Mediterranean last week, as...