Digital Lloyd’s syndicate Ki reported that it has raised US$500 million from funds managed by Blackstone Tactical Opportunities and Fairfax Financial Holdings, parent of specialty insurer Brit that is behind Ki. Ki said the capital commitment will fund its expansion …
“What does RadarCOVID not do?” a promotional video for Spain’s contact-tracing app asks. The answer: while navigating the country’s decentralized healthcare system, it does not locate users, identify them, record personal details, or send data. Without a vaccine or a …
Barcelona and Argentina captain Lionel Messi has won a legal battle over trademark rights relating to his own logo after the European Union’s top court on Thursday dismissed an appeal against the player from a Spanish cycling clothing brand. The …
The top emerging litigation risk identified for the year ahead is PFAS, the so-called “forever chemicals” used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting foam and ski wax, said the co-founders of Praedicat, the …
Insurance broker and consultant NFP is rebranding all of its European brokerages under its corporate name. The New York-based firm said that Mackenzie Taylor Benefits Consultants Limited, Linkfield Corporate Solutions Limited and Wentworth Employee Benefits Limited in the UK, as …
Canadian insurer Manulife Financial Group will restore some coverage for coronavirus-related trip interruptions in a new travel insurance policy that also includes COVID-19 in its emergency medical coverage. The policy will launch in October for Canadians traveling domestically and internationally, …
China’s ruling Communist Party is demanding a show of greater loyalty from the sprawling private sector as the world’s second-largest economy grapples with growing external risks, from open U.S. hostility to the coronavirus pandemic. In recent years, the party has …
Every passing day reduces chances for sealing a new trade deal with Britain, the European Union’s chief executive said on Wednesday, warning London that there was “very little time” left to put an agreement in place by the end of …
LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself …
The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour of policyholders on the majority of the key issues. “Our aim throughout this court action has been to get clarity …
