Members of Lloyd’s New Cultural Advisory Group Include Mental Health Specialists February 13, 2020 Lloyd’s has announced the membership of its new, independent Culture Advisory Group, which has been set up as part of...
Coronavirus Leads Companies with Supply Chain Disruptions to Invoke ‘Force Majeure’ February 13, 2020 By Jan Wolfe With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies...
Coronvirus Led to Cancellation of Telecoms Meeting, but Insurance Cover Is Excluded February 13, 2020 Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due...
Insurers Rush to Exclude Coronavirus Epidemic from Event-Cancellation Protection February 13, 2020 By Carolyn Cohn and Noor Zainab Hussain Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the...
Argo Warns of $114M Underwriting Loss, Extra Costs From Watson’s Departure February 13, 2020 By Mark Hollmer Argo Group International Holdings Ltd. is warning that its 2019 fourth quarter will feature some “unacceptable” results, particularly a $114...
Facebook, Twitter, Other Internet Firms to Be Responsible for Content Under UK Plan February 12, 2020 By Paul Sandle Britain said it would force social media companies such as Facebook, Twitter and Snap to do more to block or...
DARAG Completes 2 Legacy Acquisitions in UK February 12, 2020 DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd.,...
Global Commercial Insurance Prices Increase 11% in 4th Quarter 2019: Marsh February 12, 2020 Global average commercial insurance prices increased 11% in the fourth quarter of 2019, according to the Global Insurance Market Index...
Allianz-Backed Fintech Startup, N26, Closes UK Mobile Bank Accounts, Blaming Brexit February 12, 2020 By Sarah Syed and Stephan Kahl N26 GmbH, the German mobile bank backed by billionaires Peter Thiel and Li Ka-Shing, said it will end UK operations...
Fidelis Insurance Raises $300M of Equity Capital to Support Growth February 12, 2020 Fidelis Insurance Holdings Ltd. announced it has raised approximately $300 million of equity capital from a combination of its existing...