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...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...
Canadian Insurers Hit with Lawsuit on Refusal to Pay COVID-19 Biz Income Claims April 6, 2020 By L.S. Howard A class action lawsuit has been filed against Canada’s top indemnity insurers for breach of contract in their refusal to...
RSA Luxembourg Appoints Conran as Permanent CEO October 4, 2019 Rachel Conran has been appointed as the permanent CEO of RSA Luxembourg, subject to regulatory approval. Conran has been the...
RSA Ireland Names Thompson from Insurance Ireland as CEO September 16, 2019 Kevin Thompson has been appointed chief executive of RSA Ireland after being approved by the regulator Central Bank of Ireland....
U.K. Insurer RSA Merges Commercial Risk Solutions, Global Risk Solutions Businesses September 12, 2019 By L.S. Howard RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a...
RSA Taps AXA’s Rueegg as Middle East CEO; Other Executives Promoted in Region July 22, 2019 RSA Insurance has appointed Martin Rueegg as the new chief executive of the Middle East and United Arab Emirates (UAE)....
Luxembourg Attracts 50 Firms for Their Post-Brexit EU Headquarters March 12, 2019 By Jones Hayden Luxembourg said it is “very pleased” that about 50 asset managers, insurers, and other financial firms have looked to the...
UK’s RSA Plans to Exit Three London-Based Global Business Lines November 14, 2018 By Simon Jessop and Emma Rumney RSA plans to pull out of several international business lines run out of London which it says are unlikely to...