Lloyd’s Drops Plan to Form Electronic Exchanges, Opting to Work with Existing Platforms November 5, 2020 By Carolyn Cohn Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing...
Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown November 5, 2020 By Carolyn Cohn England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions,...
Threat of U.S. Insurance Regulatory Crackdown Fades Without Democratic ‘Blue Wave’ November 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which...
U.S. Officially Becomes 1st Nation to Exit Paris Climate Pact November 4, 2020 By Will Wade and Jess Shankleman The U.S. has officially become the first nation to quit the Paris climate agreement, even as the outcome of the...
Despite Challenges, New Year Will Bring Strong, Stable Industry: Hartwig November 4, 2020 By Robert Hartwig Despite a year of unprecedented challenges and uncertainty and a halting global economic recovery, the insurance industry remains strong, stable,...
China’s Shock Suspension of Ant Group’s Listing Set to Hit Business Valuation, Growth November 4, 2020 By Scott Murdoch and Kane Wu China’s surprise suspension of Ant Group’s record $37 billion listing is likely to delay rather than destroy its chances of...
U.S. Cities Prepare for Possible Election Unrest November 3, 2020 Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard...
Update: China Suspends Ant Group’s $37 Billion IPO November 3, 2020 By Julie Zhu, Meg Shen and Greg Roumeliotis HONG KONG/NEW YORK — China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut...
Arch Capital to Buy Watford for $700M in Cash, with Support from Former Rival Enstar November 3, 2020 By L.S. Howard Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of...
UK Supreme Court to Hear Appeal of COVID Business Interruption Test Case on Nov. 16 November 3, 2020 The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over...