Trade Credit Specialist Coface Gets Nod From Lloyd’s to Launch Syndicate July 17, 2025 Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch...
Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG July 16, 2025 By L.S. Howard Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and...
Air India Crash Supports Argument for Cockpit Cameras, IATA Chief Says July 16, 2025 By Audrey Wan The installation of cockpit cameras would greatly help aviation safety authorities investigating accidents like the recent fatal Air India crash,...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion with more than 90% of...
ECB Stress Test to Ask Banks Which Geopolitical Risks Would Hurt July 16, 2025 By Nicholas Comfort The European Central Bank’s next stress test will ask lenders to come up with hypothetical situations in which risks like...
Helvetia, Baloise Said To Tap McKinsey For Merger Help July 16, 2025 By Noele Illien and Paula Doenecke Helvetia Holding AG and Baloise Holding AG hired strategy consultant McKinsey for advice on Europe’s biggest insurance deal this year,...
Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization July 16, 2025 By Jamie Tucker Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile July 15, 2025 By L.S. Howard The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime...
Markets/Coverages: Liberty Specialty Launches Crypto Product for Financial Institutions July 15, 2025 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the launch of a dedicated product for financial institutions...
Lawyers Warn UK NDA Ban May Reduce Misconduct Settlement Payouts July 15, 2025 By Hillary Boye Doku and Maddie Parker A landmark ban on the use of non-disclosure agreements in workplace misconduct cases – a longstanding practice of financial firms...