Lloyd’s Expects to Reopen Underwriting Room in April or May February 19, 2021 By L.S. Howard Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the...
UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables February 19, 2021 By Alex Morales The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and...
UK Court Rules Uber Drivers Should Be Classed as Workers, in Blow to Business Model February 19, 2021 By Costas Pitas LONDON – A group of Uber drivers are entitled to worker rights such as the minimum wage, Britain’s Supreme Court...
Caribbean Agricultural Workers Keep Fighting for Compensation from Pesticide Exposure February 19, 2021 By Danica Coto SAN JUAN, Puerto Rico – Agricultural workers who have long sought compensation for contamination from a pesticide banned in France...
Swiss Re Reports Larger-Than-Expected Annual Loss of US$878 Million February 19, 2021 Swiss Re swung to a larger-than-expected annual loss on Friday, pressured by $3.9 billion in claims and reserves related to...
Specialty Lines MGA Ensurance Completes New Capacity Deal with AXA February 19, 2021 Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its...
Allianz’ 2020 Operating Profit Drops 9.3% in First Decline Since 2011 February 19, 2021 FRANKFURT – German insurer Allianz posted its first fall in annual operating profit in nearly a decade on Friday on...
Global Insurance M&A Activity Expected to Soar in 2021 February 18, 2021 There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous...
Global Risk Partners Agrees to Acquire Marsh’s UK Networks Business February 18, 2021 Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance...
Boeing Issues Global Safety Warning to Pilots in Wake of Indonesian 737 Crash February 18, 2021 By Alan Levin Boeing Co. has issued a safety bulletin reminding pilots of the steps required to ensure they maintain control of their...