Willis Towers Watson Launches Risk and Analytics Model for Trade Credit Insurance December 22, 2021 Willis Towers Watson announced it has launched a new risk and analytics model for the trade credit market. The model...
As Strongest Storm to Hit Philippines in 2021, Typhoon Rai ‘Exceeded All Predictions’ December 22, 2021 By Kanupriya Kapoor SINGAPORE – The rapid intensification that turned this week’s Typhoon Rai into the strongest storm to hit the Philippines this...
Insurers Sanlam and Allianz Explore Options for Their African Businesses December 22, 2021 JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their...
Nephila Capital’s New Syndicate 2358 Funded by Lloyd’s-Sponsored Investment Vehicle December 21, 2021 Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided through London Bridge Risk...
French Mining Group Eramet Identifies Potential $50.8M Financial Fraud December 21, 2021 PARIS – Eramet has identified a potential 45 million euro ($50.8 million) financial fraud within its group treasury operations, the...
COVID-19 to Cut UK Life Expectancy by 9 Months: RBC Analysts December 21, 2021 By Joe Easton The coronavirus pandemic is seen cutting life expectancy in the UK by nine months, Royal Bank of Canada analysts said,...
UK Businesses Brace for Great British Resignation in 2022 December 21, 2021 By Emily Ashton UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the...
Global M&A Activity Shatters Records, Topping $5 Trillion in 2021 December 21, 2021 By Anirban Sen, Pamela Barbaglia and Kane Wu LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that...
FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong December 21, 2021 By Crystal Tse FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China...
Record Rainfall, Floods Across Globe Generate Billions in Economic Damages: Aon December 20, 2021 November was a wet month in many countries across the globe, with heavy rains and flooding causing billions of dollars...