UK Hasn’t Compromised Enough for Brexit Trade Deal as Deadline Looms, EU Warns November 20, 2020 By Ian Wishart and Nikos Chrysoloras The European Union warned that the UK hasn’t moved sufficiently to overcome the three main obstacles to a post-Brexit trade...
Swiss Re Confirms Financial Targets Despite Pandemic November 20, 2020 Reinsurance company Swiss Re said it was committed to a stable or increasing dividend as it confirmed its financial targets...
Lawmakers Aim to Ensure UK Financial Services Stay Competitive Globally After Brexit November 20, 2020 By Huw Jones Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full...
Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk November 19, 2020 Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (an asset manager undertaking its...
Pace of Broker Acquisitions Picks Up in 2nd Half, After COVID-Linked Lull in Q2 November 19, 2020 By L.S. Howard Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second...
Roberts Appointed as Global Renewable Energy Leader, Marsh JLT Specialty November 19, 2020 Marsh, the insurance broker and risk adviser, announced the appointment of Hamish Roberts as global renewable energy leader, Marsh JLT...
HSB Canada Launches ‘Sensor Systems by HSB’ to Help Cut Commercial Water Claims November 19, 2020 HSB Canada, part of Munich Re, has introduced “Sensor Systems by HSB,” a turnkey solution to help insureds reduce common...
AXA XL Promotes Harris to Head of Energy, UK & Lloyd’s Market November 19, 2020 AXA XL Insurance announced that Nicola Harris has been promoted to head of Energy, UK & Lloyd’s market. In her...
Canada’s Intact Financial Caps Decade of Acquisitions with $9.4 Billion RSA Deal November 19, 2020 By Kevin Orland After a decade of buying up rivals to become Canada’s largest property and casualty insurer, Intact Financial Corp. is looking...
Global COVID-19 Insurance Losses to Be Higher than Early Estimates: Lloyd’s Chairman November 19, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had...