Business Leaders Spend Less Than 1 Day a Year Focusing on Cyber Risk: Marsh Survey September 18, 2019 A majority of busy board members and senior executives, who are responsible for their organization’s cyber risk management, spent less...
Risk of No-Deal Brexit Is Now ‘Palpable,’ Says EU’s Juncker September 18, 2019 By Jonathan Stearns and Ian Wishart European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on Oct. 31 is now...
Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture September 18, 2019 By Carolyn Cohn Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s...
Lloyd’s Names Sansom Chief Risk Officer, Announces Departure of Chief People Officer September 18, 2019 Lloyd’s announced that David Sansom has been confirmed as chief risk officer, subject to regulatory approval. Sansom’s remit includes all...
Lloyd’s Returns to Profit in 1st Half After 2 Full Years of Losses September 18, 2019 By Will Hadfield Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses. The...
BNP Broker Wins Sex Discrimination Lawsuit, Highlighting Unequal Pay, Laddish Culture September 18, 2019 By Jonathan Browning A broker at BNP Paribas SA who complained about being paid less than male colleagues won her employment suit after...
As Legacy Acquisitions Boom, What Will Happen to Deal Pricing? September 18, 2019 By James Dickerson Activity in the legacy insurance market has boomed. However, as capital pours in, perhaps it is best to understand how...
Prime Minister Johnson’s Brexit Plan Goes to Court as Latest EU Talks End in Failure September 17, 2019 By Thomas Penny Boris Johnson’s Brexit strategy has been on trial ever since he became prime minister eight weeks ago, and on Tuesday...
Here’s How Aon’s New Reinsurance Auction Works September 17, 2019 By L.S. Howard The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals, which is designed to...
Probe into Deadly Genoa Bridge Collapse Reveals Falsified Safety Reports: Police September 17, 2019 By Stefano Bernabei and Francesca Landini The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge...