World Encouraged by Moderna, Pfizer Vaccines’ Success in Trials November 16, 2020 By Julie Steenhuysen and Michael Erman Moderna Inc.’s experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company...
3 Typhoons in 3 Weeks Kill 100-Plus People in Philippines, Causing Damages of $518.5M November 16, 2020 By Ditas Lopez Three strong typhoons over the past three weeks have killed more than 100 people in the Philippines and damaged farms...
Insurers Tell UK Supreme Court They Cannot Provide Unlimited Cover During Pandemic November 16, 2020 By Carolyn Cohn and Kirstin Ridley Major insurance companies told the UK Supreme Court on Monday that thousands of small companies battered by the coronavirus pandemic...
Update: Hurricane Iota Threatens Honduras, Nicaragua, Just Days After Storm Eta November 16, 2020 By Brian K. Sullivan Hurricane Iota is set to slam into Central America Monday as the Atlantic’s strongest storm of the year, bringing catastrophic...
Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business November 16, 2020 Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with...
HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment November 16, 2020 HSB is expanding its engineering services to deliver consultancy services that enable businesses to improve efficiency and meet their compliance...
Medical Costs of COVID Patients 50% Higher Than Before Hospitalization: German Study November 16, 2020 Medical costs of German COVID-19 patients who have left hospitals are on average 50% higher than before they were admitted,...
AXA Disputes Ruling that It Must Pay Millions of Euros in Back Taxes: News Report November 16, 2020 By Alexandre Rajbhandari AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities...
Brookfield Asset Management to Launch Reinsurer; Distribute Shares to Investors November 13, 2020 By Scott Deveau Brookfield Asset Management Inc. is launching a reinsurance business and plans to distribute shares in the new entity to its...
Goldman Eyes More Business From Europe’s Insurers With Barclays Hire November 13, 2020 By Pamela Barbaglia Goldman Sachs has poached Barclays’ insurance banker Marguerite Bion to win more business from Europe’s biggest insurers as industry consolidation...