Hiscox Launches ‘Variable Consortium’ for Hard-to-Place U.S. General Liability Risks July 6, 2020 Hiscox, the Bermuda-based specialist insurer, together with RKH Reinsurance Brokers, has launched a new variable consortium with a maximum line...
Heavy Rains Batter China, Raising Flood Alert Levels for Cities on Yangtze River July 6, 2020 SHANGHAI — The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on...
Torrential Rains Cause Floods in SW Japan, with Nearly 40 Feared Dead July 6, 2020 Nearly 40 people were feared dead as torrential rains continued to hit Japan’s southwestern island of Kyushu, with river banks...
‘G4’ Swine Flu Virus Is Not New, Does Not Easily Infect Humans: China July 6, 2020 SHANGHAI/BEIJING – China’s Ministry of Agriculture and Rural Affairs said on Saturday that the so-called “G4” strain of swine flu...
Canopius Launches Cyber Property Product to Address Silent Cyber Gap July 6, 2020 Canopius, the London-based specialty re/insurer, announced the launch of a set of cyber property products for medium-to-large corporations across all...
UK’s Aviva Names Former Zurich Exec Blanc as CEO, Succeeding Tulloch July 6, 2020 Aviva plc announced the appointment of Amanda Blanc as chief executive officer with immediate effect. She succeeds Maurice Tulloch, who...
UK Accounting Watchdog Asks Big Four to Ring-Fence Audit Practices July 6, 2020 By Aoife White The UK dominant accounting firms must separate their audit units from other businesses by June 2024 as the country’s accounting...
American Companies Facing Pressure to Reveal Data on Diversity of Employees July 6, 2020 By Ross Kerber and Simon Jessop American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake...
Utility to Pay $56 Million to Resolve Deadly Massachusetts Gas Blasts Probe July 6, 2020 By Nate Raymond NiSource Inc. will pay $56 million to resolve a probe into Massachusetts gas explosions in 2018 linked to a utility...
Climate Change Litigants Argue Human Rights, Consumer Harm in Suing Oil Firms July 6, 2020 By Matthew Green, Valerie Volcovici and Emma Farge LONDON/WASHINGTON/GENEVA — Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers...