D&O Line Still on Losing Track Despite Big Rate Hikes: Fitch April 29, 2021 Record premiums haven’t been enough to reverse U.S. directors and officers (D&O) insurers’ underwriting losses, and the sector will still...
CDC Promises Speedier Approvals for Restarting U.S. Cruises April 29, 2021 By Uday Sampath Royal Caribbean Group said on Thursday it was aiming to restart its U.S. cruises in July after the U.S. Centers...
Chubb CEO Sees ‘Outstanding’ Q1 and Lots of Options for Growth Without Hartford April 29, 2021 By Andrew G. Simpson Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior...
Global Aviation Safety Campaign Targets ‘Bunch of Garbage’ to Ease Pilot Overload April 29, 2021 By Jamie Freed When it came time to land at San Francisco on July 7, 2017, the pilots of an Air Canada jet...
Automakers Support Guidelines for Advertising Partially Automated Vehicles April 29, 2021 By Tom Krisher and Michael Liedtke DETROIT —The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and...
EU Set to Approve Aon-Willis Merger; More Concessions Unlikely: Reuters April 28, 2021 By Foo Yun Chee Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson...
Security Firm ADT Accuses Rival Ring of Trademark Infringement Over Blue Signage April 28, 2021 Long-time home security firm ADT is suing rival upstart Ring alleging the newcomer is violating its trademarks by using signage...
P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1 April 28, 2021 Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021....
MarshMcLennan Reports 9% Revenue Growth in Q1 April 28, 2021 MarshMcLennan reported financial results for the first quarter of 2021 that included consolidated revenue of $5.1 billion, an increase of...
SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...