Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen August 26, 2020 The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus...
Limited Liability Protection for Drugmakers Hampers EU Coronavirus Vaccine Deals August 26, 2020 By Francesco Guarascio The European Union is offering only partial protection to vaccine makers against legal risks from side-effects of their potential COVID-19...
MS Amlin Names Everest Re’s Carrier as Chief Underwriting Officer as 3 Step Down August 26, 2020 MS Amlin Underwriting Limited, the Lloyd’s (re)insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier...
Carnival Cancels 2 Early 2021 Princess Cruises Over COVID-19 Restrictions August 26, 2020 Carnival Corp.’s Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and...
Coronavirus Pandemic Makes Politically Risky World Even Riskier August 25, 2020 The global COVID-19 pandemic has exacerbated an “already volatile political risk landscape” with most countries recording elevated political risk. According...
Taiwan Claims Alibaba-Linked Site Is Cyber Security Risk August 25, 2020 Taiwan declared an e-commerce platform linked to China’s Alibaba Group a potential security risk and has told its operator to...
Insurance Run-Off Specialist Marco Capital Acquires British Reserve from Allianz August 25, 2020 Newly-launched insurance run-off specialist Marco Capital Holdings said it has agreed to purchase British Reserve Insurance Co. Ltd., a UK...
Sierra Leone Residents’ Damages Suit Against Miner Is Part of Activist Trend August 25, 2020 By Cooper Inveen FREETOWN – At the foot of a slag heap some 40 meters high, Adi Kalie Bangura showed the black welts...
Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever August 25, 2020 By Julie Zhu Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and...
Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court. August 24, 2020 By Jef Feeley and Mark Chediak When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of...