BMS Signs Preferred Partner Agreement with Portuguese Specialty Broker Tagus April 3, 2020 BMS Group, the independent specialist re/insurance broker, announced the conclusion of a preferred partner agreement with the new wholesale and...
Fitch Places Lloyd’s of London’s on Rating Watch Negative on COVID-19 Crisis April 3, 2020 Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty...
Health-Care Providers See Surge in Ransomware Attacks in Europe, U.S. April 3, 2020 By Ryan Gallagher When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines,...
Aon Enhances Reinsurer E-Trading Portal to Support Remote Working During Pandemic April 2, 2020 Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with...
Lemonade Launches in Its 2nd European Country: The Netherlands April 2, 2020 Lemonade, the New York-based insurer that is powered by artificial intelligence, has launched in a second European country – the...
COVID-19 Pandemic Threatens Gulf Insurers’ Earnings: S&P Report April 2, 2020 The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global...
Initial Insured Losses for UK’s February Floods Estimated at £297M (US$367.8M): PERILS April 2, 2020 Initial insured losses for the floods that hit the UK in February are estimated at £297 million (US$367.8 milion), according...
Germany to Provide Credit Insurance Guarantees to Keep Trade Flowing: Sources April 2, 2020 The German government and the country’s credit insurance industry have agreed to help to maintain insurance cover for trade despite...
Two UK Court Rulings Limit Corporate Responsibility for Employee Conduct April 2, 2020 By Ellen Milligan UK companies may let out a “sigh of relief” after Barclays Plc and Wm Morrison Supermarkets Plc won a pair...
Allianz Global Corporate & Specialty Names Shahkarami as 1st Chief Data Officer April 2, 2020 Ali Shahkarami (46) has been appointed as chief data officer for Allianz Global Corporate & Specialty (AGCS). In this newly...