Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms July 11, 2022 By L.S. Howard Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as...
Canada Recovering From Major Telecom Outage July 11, 2022 By Ismail Shakil and Divya Rajagopal TORONTO/OTTAWA, July 8 (Reuters) – Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour...
China Moves to Improve Domestic, International Standards Across Industries July 11, 2022 China on Friday published an action plan to improve domestic standards across industries while increasing its participation in international standard-setting,...
China Regulator Says Banks, Insurers to Go ‘All Out’ to Bolster Lending July 11, 2022 An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times...
AM Best Keeps Negative Outlook on Mexico’s Insurance Industry July 11, 2022 AM Best said it is maintaining its negative outlook on Mexico’s insurance market segment due to increased levels of inflation...
U.S.-Based 3M Faces More Costs After $581M Chemical Cleanup Pact in Belgium July 8, 2022 By Stephanie Baker 3M Co. still faces the prospect of additional costs to resolve contamination liabilities in Belgium after reaching an agreement to...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office July 8, 2022 Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for...
UK Judges Clear Path for $7B Suit Against BHP Over Deadly Brazil Dam Collapse July 8, 2022 By Jonathan Browning and Katharine Gemmell UK judges paved the way for a group of more than 200,000 people to bring a suit against BHP Group...
Insurance Losses From Sydney Floods Approach A$100M: ICA July 8, 2022 Insurers have received 8,415 claims as a result of July’s floods in Sydney, carrying an initial estimated insurance price tag...
ECB Climate Stress Test Highlights $71 Billion Risk for Euro Zone Banks July 8, 2022 By Francesco Canepa A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least...