Most UK Insurers, Banks Unprepared for Risks of Climate Change January 31, 2020 By Alastair Marsh The Bank of England faces an uphill climb to get the finance industry ready for one of its biggest threats:...
MS Amlin Appoints 4 Senior Leaders Within Specialty Business January 30, 2020 MS Amlin, the global re/insurer, announced the appointments of four senior leaders within the Specialty business, who will report to...
Brexit Day Is Finally Here; Now the Hard Part Begins: Opinion January 30, 2020 By Lionel Laurent, Bloomberg View London and Brussels are two hours apart by train but on Friday, the day the U.K. officially leaves the European...
Brexit Impact on UK Insurers Dictated by Trade Talks, Possible Economic Hit: AM Best January 30, 2020 From an operational point of view, the United Kingdom’s departure from the European Union on Jan. 31, 2020 will have...
Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs January 30, 2020 Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that...
European Insurers Balk at EU Raising Capital Requirements Due to Cyber, Climate Risks January 30, 2020 By Huw Jones Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities January 29, 2020 By Bloomberg News Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them —...
Travelex’s UK Money Transfer and Wire Services Operational After Ransomware Attack January 29, 2020 Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month...
Firms Involved in Building Work on London’s Grenfell Tower Take No Blame for 2017 Fire January 29, 2020 Firms involved in building work on London tower bloc that caught fire have sidestepped any responsibility for the 2017 tragedy...