Inconsistent Data Hinders Climate Risk Comparisons for Insurers, Banks: Regulator July 22, 2020 By Huw Jones Comparing how banks and insurers from different countries cope with climate change is being hampered by a lack of consistent...
Brit’s Digital Syndicate Ki Taps Hearsum from Marsh JLT Specialty as Managing Director July 22, 2020 Ki, the first fully digital and algorithmically driven Lloyd’s of London syndicate, launched in collaboration with Brit Ltd. and Google...
Insurer Beazley Launches Cyber and Financial Lines Insurance in Colombia July 22, 2020 Specialist insurer Beazley has launched a suite of cyber and financial lines insurance products to protect against the risks facing...
Excessive Floods Endanger Aging Chinese Dams and Could Cause ‘Black Swan’ Disaster July 22, 2020 By Ryan Woo The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in...
Wirecard Hires Forensic Investigator, Say Sources. Findings Could Aid in D&O Litigation. July 21, 2020 By Arno Schuetze and Alexander Hübner German payments company Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal that led to its...
January’s Hailstorms in Australia Cost Insurers an Estimated A$1.8B (US$1.3B): PERILS July 21, 2020 The industry loss footprint for the January 2020 Australian hailstorms, which occurred Jan. 19-21, 2020, are estimated at A$1.8 billion...
UK Insurtech Startup battleface Offers COVID-19 Travel Insurance Package July 21, 2020 Travel insurance provider battleface announced a new COVID-19 travel insurance package. The new policy will give travelers the peace of...
BHSI Names Amandi from Allianz as Head of Financial Institutions in Germany July 21, 2020 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive...
Update: Uber Braces for UK Legal Battles that Could End Its Reign in London July 21, 2020 By Ellen Milligan Uber Technologies Inc. is bracing for a long summer of legal battles that could see the end of its reign...
France Weighs Insurance Options to Protect Companies, Jobs from Future Pandemics July 21, 2020 By Alexandre Rajbhandari The French government is looking at ways to shield companies from the impact of future pandemics. The goal is to...