Reinsurance Capital Dips 6%, Tightening of Capacity Accelerates: Aon July 16, 2020 By Susanne Sclafane Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance...
Insurance Agency and Brokerage M&A Trends to Watch Amid the COVID-19 Pandemic July 16, 2020 By Thomas Trullinger The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the...
Liberty Specialty Names Rieger Head of Casualty Germany, Succeeding Offenhau July 15, 2020 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Rainer Rieger as head of Casualty Germany. Rieger,...
Arch Estimates Q2 Catastrophe Losses Could Hit $225M, Which Include Pandemic Claims July 15, 2020 Arch Capital Group Ltd. has estimated a range of pre-tax catastrophe losses of $205 million to $225 million in the...
AIR Collaborates with Data Firm, Precisely, to Offer Int’l Address-Level Geocoding July 15, 2020 Catastrophe modeling firm AIR Worldwide announced that, as part of its Touchstone 2020 software release, clients now can access a...
Many Skin Whitening Creams Containing High Levels of Mercury Are Sold Online July 15, 2020 By Martinne Geller Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after...
Anglo-Australian Miner BHP Faces $6.3B Lawsuit in UK over 2015 Brazil Dam Disaster July 15, 2020 By Kirstin Ridley More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian...
UK Watchdog Urges Big 4 Accounting Firms to Challenge Clients as Audit Quality Slides July 15, 2020 By Hugo Miller and Michael Kapoor The dominant accounting firms must do a better job of challenging their clients in order to reach a satisfactory level...
West African Coast Re-Emerges as Hotspot for Piracy, Kidnappings: Allianz July 15, 2020 By Elisha Bala-Gbogbo The West African coast has overtaken Southeast Asia as the worst area for piracy and kidnappings reported at sea last...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P July 14, 2020 Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...