Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment September 24, 2019 By L.S. Howard Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of...
Allianz, MS&AD, Other Suitors in Race to Buy Aviva’s Asia Units for Up to $2.5B: Sources September 24, 2019 By Sumeet Chatterjee and Anshuman Daga German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
BHSI Opens Office in Spain, Names Almazan from RSA as Country Manager September 24, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has further expanded its global footprint, opening a new office in Madrid,...
Travelers to Transfer European Business to Dublin Subsidiary in Preparation for Brexit September 24, 2019 Travelers Insurance Co. Ltd., the U.K. subsidiary of The Travelers Cos., has received approval from the High Court of England...
Rethinking the Limits of Parametric Insurance September 24, 2019 By Michael W. Elliott It’s time to rethink the limits of parametric insurance. The concept behind parametric insurance is not new. Insurance payouts automatically...
U.K. Travel Insurer Saga Secures Flights for Clients Hit by Collapse of Thomas Cook September 23, 2019 Saga Plc said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently...
Swiss Re Corporate Solutions Appoints Semprini from HDI Global as Head Italy September 23, 2019 Swiss Re Corporate Solutions has appointed Francesco Semprini as head Italy, effective Nov. 1, 2019. Based in Milan, Semprini will...
Dangers of Booming Securitized Loan Market Highlighted by Bank for Int’l Settlements September 23, 2019 By Saikat Chatterjee Lending standards in the rapidly growing loan market are deteriorating and complex financial products that mask risks to banks have...
Bellomi to Replace Semprini Who Will Step Down as HDI Global’s Head of Italy Branch September 23, 2019 HDI Global SE announced that Francesco Semprini, the long serving managing director of its Italy branch is leaving the company...