City of London’s Unity Begins Cracking over Brexit Trade Deal: Opinion December 23, 2019 By Elisa Martinuzzi Boris Johnson’s triumphant U.K. election victory makes Brexit a near certainty next month. For the City of London, Britain’s split...
U.S. Law Firms ‘Hounded’ Relatives of Ethiopian Airlines’ Crash Victims December 23, 2019 By Katharine Houreld Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board,...
Bank of England Enhances Scrutiny of Lloyd’s Whistleblower Systems December 23, 2019 The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on...
Guy Carpenter Appoints Schepens from Allianz as Benelux CEO December 23, 2019 Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Patrick Schepens...
Venice Hotels Suffer Nearly $34M in Damages from November’s Floods December 23, 2019 Venice’s hoteliers association estimates that the city’s hotels suffered about 30 million euros ($34 million) worth of structural damage during...
Canada Pension Fund OMERS to Buy Stake in Fairfax Run-off Unit, RiverStone UK December 20, 2019 Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario’s municipal employees, announced they have entered into an agreement...
Insured Losses in 2019 Estimated at $56B, Down from $93B Last Year: Swiss Re December 20, 2019 Global insured losses in 2019 dropped to an estimated US$56 billion, from US$93 billion in 2018 and below the annual...
Canadian Lab Test Firm, LifeLabs, Pays Ransom After Data Breach December 20, 2019 Lab test provider LifeLabs said Tuesday that it paid a ransom to secure data for Canadians that was stolen in...
Legacy Acquirer DARAG Completes Portfolio Transfer with Germany’s SOVAG December 20, 2019 DARAG Group Ltd., the Malta-based legacy acquirer, announced it has closed the portfolio transfer with German re/insurer SCHWARZMEER UND OSTSEE...
Deadly Danish Train Accident Caused by Improperly Secured Trailer: Report December 20, 2019 Danish authorities say a deadly accident in which a high-speed passenger train struck a semi-trailer that fell off a freight...