Lawsuit Accuses United Airlines of Refusing Employee Exemptions to Vaccine Mandate September 27, 2021 By Daniel Wiessner United Airlines Inc is facing claims that it unlawfully denied religious and medical exemptions from a requirement that employees receive...
AXA XL Launches Benchmarking Service for Subcontractor Default Risks September 27, 2021 AXA XL’s Construction insurance team has launched a new schedule benchmarking service to strengthen their Subcontractor Default Insurance (SDI) clients’...
MGU SageSure Secures $125M in Bank Financing to Support Continued Growth Plans September 27, 2021 SageSure, a tech-driven managing general underwriter focused on costal residential property markets, raised $125 million in bank financing meant to...
Generali CEO Donnet Faces Key Test in Face of Opposition From 2 Leading Investors September 27, 2021 By Gianluca Semeraro and Claudia Cristoferi Generali Chief Executive Philippe Donnet’s future at Italy’s biggest insurer faces a key test on Monday at a meeting of...
Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey September 27, 2021 By L.S. Howard Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers. According to...
Markel Offers Accelerated Return of Capital to Investors in 2 CATCo Funds in Runoff September 27, 2021 Markel Corp. and Markel CATCo Investment Management Ltd. (MCIM) announced the terms of a buy-out transaction that provides an accelerated...
Why China Evergrande’s Debt Problems Pose Systemic Risk September 27, 2021 China Evergrande Group has missed a dollar bond interest payment deadline, moving closer to a potential default and fueling worries...
Amazon to Offer Insurance to Small and Medium-Sized UK Businesses: Broker September 27, 2021 By Carolyn Cohn Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into...
Debt-Laden China Evergrande Could Raise $600M by Selling Life Insurance Stake September 27, 2021 Debt-laden China Evergrande Group may have another asset to sell in its scramble to raise cash: its fast-growing life insurance...
Russia’s Renaissance Insurance Plans to Raise Up to $290M in IPO on Moscow Exchange September 27, 2021 By Andrey Ostroukh Renaissance Insurance Group said on Monday it plans to list its shares on the Moscow Exchange and raise up to...