Aston Lark Acquires Birmingham Broker Bainbridge Collins October 27, 2021 London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate...
Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises October 27, 2021 While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused...
As Strikes, Riots and Civil Commotion Risks Increase, Insurers Respond With Exclusions October 27, 2021 By L.S. Howard Insurers traditionally have offered protection against strikes, riots and civil commotion (SRCC) at no extra cost, but the increased frequency...
These Women Are Fighting Cyber Crime and Cybersecurity’s Gender Divide October 27, 2021 By Elizabeth Blosfield Growing ransomware attacks aren’t the only issue concerning the cybersecurity industry today, according to experts on this episode of The...
Ping An Insurance Profit Falls 31.2% as Returns, Premiums Shrink October 27, 2021 SHANGHAI/BEIJING — Ping An Insurance Group Co of China Ltd., the country’s largest insurer by market value, posted a 31.2%...
Global Minimum Tax Proposal Could Create Double Taxation for Some Insurers: AM Best October 27, 2021 Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on certain multinational companies...
Georgia Court Says No Double Dip on Auto Policies After Accident October 27, 2021 The injured party in an automobile collision cannot double-dip on insurance coverage simply because she calls the payment from the...
Repairing Mexico City’s Collapsed Metro Could Cost $40M: Grupo Carso October 27, 2021 MEXICO CITY – Mexican billionaire Carlos Slim’s Grupo Carso said the cost of repairing a collapsed section of a Mexico...
AM Best Downgrades Outlook for Journey Insurance October 27, 2021 AM Best credit rating agency has given Florida-based Journey Insurance Co. a financial strength rating of “excellent,” but downgraded the...
Unvaccinated Pilots Costing It Millions in Paid Leave, United Airlines Tells Judge October 27, 2021 By Erik Larson United Airlines Inc. told a federal judge the company is spending millions on paid leave for unvaccinated pilots because their...