Zurich Insurance Expects $550M Hit From Hurricane Ian, but On Track to Beat Targets November 10, 2022 By Michael Shields and Carolyn Cohn Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe’s fifth-largest insurer said on Thursday, though...
Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey November 7, 2022 Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in...
Harvard, Zurich Insurance At Odds Over $15M Coverage for Admissions Program Defense October 24, 2022 By Andrew G. Simpson Harvard University has already exhausted $25 million in insurance coverage defending its affirmative action admissions program and is in court...
Insurers Win Key Parts of Stonegate COVID-19 Business Interruption Case: MS Amlin October 17, 2022 By Carolyn Cohn and Kirstin Ridley Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s...
People Moves: Aon Announces New Lineup for UK Commercial Risk Team; Zurich Appoints Seach as Group CUO, Succeeding Robinson October 13, 2022 This edition of International People Moves details appointments at Aon and Zurich Insurance. Aon Announces New Lineup for UK Commercial...
Real-Time Tech: Supply Chain Analysis Tools October 6, 2022 By L.S. Howard Transparency is the key to managing supply chain risk. But some businesses only focus on selective financial information from their...
Europe’s Banks, Insurers Prepare for Potential Winter Power Cuts, Energy Rationing September 7, 2022 By Sinead Cruise and Iain Withers Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power...
Update: Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations August 11, 2022 By Maria Sheahan and Carolyn Cohn Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the...
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...
Malaysian Central Bank Sets 2023 Cutoff for Foreign Insurer Stake Sales: Sources July 18, 2022 By Elffie Chew Malaysia’s central bank is giving foreign insurers until the end of 2023 to either reduce stakes in their local ventures...