Australian Insurers Should Be Able to Withstand Mounting Bushfire Claims: AM Best January 27, 2020 Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital...
Fidelis Appoints Symms from Talbot as Head of Outwards Reinsurance January 27, 2020 Fidelis Insurance announced the appointment of John Symms as head of Outwards Reinsurance, in a new role that will support...
U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks January 27, 2020 By Sinead Cruise, Huw Jones and Andrew MacAskill Britain’s finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk...
New Coronavirus Outbreak: Marsh Recommends Immediate Steps for Multinationals January 24, 2020 The effects on multinational businesses from a potentially worsening Wuhan coronavirus outbreak could be severe, which is why they need...
Uber in London Failed to Flag Assault Complaints, Monitor Drivers’ Insurance Status January 24, 2020 By Giles Turner London’s main transportation regulator has released a scathing document detailing why it moved to ban Uber Technologies Inc. from operating...
Insured Losses from Australia’s Hailstorms Hit US$352.5 Million January 24, 2020 The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by hailstorms that struck eastern Melbourne, the...
As Insurers Pull Back from Australia’s Bushfire Zones, They Could Become Uninhabitable January 24, 2020 By Matthew Burgess Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create...
China’s New Coronavirus Doesn’t Always Cause a Fever so Detection May Be Difficult January 24, 2020 By Bloomberg News China’s new deadly virus is more difficult to contain than other pandemics because those infected may not get a fever,...
Indonesia to Tighten Oversight of Troubled Insurance Industry as Crisis Continues January 24, 2020 By Tassia Sipahutar and Arys Aditya With Indonesia’s oldest life insurer tottering on the brink of collapse following years of alleged mismanagement, authorities plan to tighten...
AXA Reviews Potential Sale of Middle Eastern Operations: Sources January 24, 2020 By Jan-Henrik Förster and Dinesh Nair AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl...