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...
U.K. Financial Services Firms Must Prepare for Failure of Brexit Trade Deal: Regulator January 24, 2020 By Huw Jones Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December,...
Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer January 23, 2020 CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial...
Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report January 23, 2020 Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since...