Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...
UK Regulator Wants Courts to Clarify Wording of Disputed Business Interruption Policies May 1, 2020 By Huw Jones and Carolyn Cohn Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim...
Top Insurers Face Lawsuit from UK Hospitality Sector on Rejected Biz Interruption Claims April 30, 2020 By Kirstin Ridley and Carolyn Cohn Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and...
QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties April 15, 2020 QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market...
QBE Taps AXA XL’s Harris as CEO, International, Succeeding Pryce April 7, 2020 QBE Insurance Group has appointed Jason Harris as chief executive officer, International, succeeding Richard Pryce who is retiring at the...
QBE Withdraws 2020 Financial Targets on COVID-19 Related Economic Uncertainty March 31, 2020 QBE released its 2019 full year results on Feb. 17, 2020, which included an outlook statement that included combined operating...
QBE Promotes Postlewhite to Managing Director of QBE Re February 27, 2020 QBE has appointed Stephen Postlewhite as managing director, QBE Re. He will start the new role from April 1, taking...
QBE Insurance Names Wilkins as Chairman, Succeeding Becker Who Is Retiring February 18, 2020 QBE Insurance Group announced that Michael (Mike) Wilkins has been elected to succeed W. Marston (Marty) Becker as chairman of...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment January 10, 2020 By L.S. Howard Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires...
CBA Joins Other Australian Companies with Aims to Cut Coal Exposure August 8, 2019 Commonwealth Bank of Australia became the latest company to join a global push to reduce emissions and said it would...