Aviva’s New Boss Has One of Toughest Jobs in European Finance: Opinion July 8, 2020 By Chris Hughes, Bloomberg Opinion It’s time for someone else to have a go at one of the toughest jobs in European finance: deciding the...
AXA XL Names McGovern as CEO UK & Lloyd’s Market July 8, 2020 AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval. McGovern...
New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses July 8, 2020 By Carolyn Cohn Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums –...
Beazley Launches Booking System for Virtual Broker Meetings in New Business Reality July 7, 2020 Specialist insurer Beazley has launched an online booking system to make it easier and quicker for brokers to arrange virtual...
Insured Losses for 2019/2020 Australia Bushfires Estimated at A$1.9B (US$1.3B): PERILS July 7, 2020 The insurance industry’s loss footprint for the Australian bushfires of 2019/2020 is estimated at A$1.9 billion (US$1.3 billion), according to...
Argo’s CFO to Depart as Insurer Updates Executive Leadership Team July 7, 2020 Argo Group International Holdings Ltd., the Bermuda-based specialty re/insurer, announced an update to senior leadership team responsibilities and the launch...
New Business Interruption Insurance Class Action Launched in Canada July 7, 2020 Koskie Minsky LLP and the Merchant Law Group have launched a proposed national class action lawsuit alleging that Canadian insurance...
Arctic Temperatures Soar to Record Levels in June, Stoking Wildfires: EU Data July 7, 2020 By Emma Farge and Vladimir Soldatkin GENEVA/MOSCOW – Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking...
Wirecard Probe Expands with Arrest of Head of Dubai-Based Subsidiary July 7, 2020 By Douglas Busvine and Arno Schuetze BERLIN/FRANKFURT – German prosecutors said on Monday they had arrested the head of a Dubai-based subsidiary of Wirecard, widening the...
India Investigator Recommends Moving S. Korea-Owned Plant After Gas Leak July 7, 2020 By Sudarshan Varadhan and Jane Chung CHENNAI/SEOUL – An investigation into a deadly gas leak at a South Korean-owned chemical plant in southern India that killed...