Ben Norris
-
BI
Covid-19 BI class actions continue to mount
Class actions against insurers denying Covid-19-related business interruption (BI) claims are mounting, with yet another collective action launched in the…
-
CRE Insurance
‘Drift’ to remote working creating future liability and risks
An unmanaged “drift” towards home working during the pandemic could store up future liability and wellbeing issues for employers, experts…
-
CRE Insurance
HDI Global Specialty launches London political and credit risk team with Neon hires
HDI Global Specialty has launched a political and credit risk team in London after hiring Nick Robinson and Anthony Vaughan…
-
CRE Insurance
GRS launches major loss adjusting unit for large businesses
Loss adjuster Global Risk Solutions (GRS) has launched a major and complex loss operation, as well as two strategic partnerships…
-
CRE Risk Management
UK sees first fall in modern slavery victims for four years
The UK has recorded a 14% quarterly fall in modern slavery victims during the first three months of 2020. It…
-
CRE Insurance
Chubb expands marine team
Chubb has appointed Frank Chu as cargo underwriter to its expanding marine team within Chubb Global Markets (CGM). CGM comprises…
-
CRE Insurance
Argo fined $900K for failing to disclose former CEO perks
Argo has been fined $900,000 by the US Securities Exchange Commission (SEC) for failing to disclose perks paid to former…
-
CRE Risk Management
Illinois judge backs class action against McDonald’s for safety failings during virus
McDonald’s staff seeking a class action against the burger chain for failing to protect them against Covid-19 risks in four…
-
CRE Insurance
UK insurers welcome government-backed trade credit insurance scheme
The Association of British Insurers (ABI) has welcomed the new UK government-backed trade credit reinsurance scheme. The UK announced its…
-
CRE Insurance
Beazley adapts Spanish cyber and media policies
Beazley said it has enhanced three cyber and media and technology policies for Spanish buyers. The company said in line…
-
BI
AXA seeks to settle 1,700 BI claims with restaurants as lawsuits continue
AXA CEO Thomas Buberl has told Le Monde newspaper that the insurer has identified 1,700 of its contracts with restaurant owners…
-
CRE Insurance
UK launches £10bn trade credit reinsurance scheme
The UK government has launched a £10bn trade credit insurance guarantee scheme to ensure cover remains in place for businesses…
-
CRE Risk Management
Swiss Re says pandemic must not hinder move to low-carbon economy
A new Swiss Re Institute SONAR report says that new risks and trends have been accentuated by Covid-19, but warns…
-
CRE Risk Management
Business groups urge EU not to rush collective redress plans
Insurance Europe, the European insurance industry’s representative body, and a range of other European business groups have urged the European…
-
CRE Insurance
AIG completes sale of majority stake in Fortitude Re
AIG has completed the sale of its 76.6% interest in Fortitude Group, which includes reinsurer Fortitude Re, to The Carlyle…
-
CRE Insurance
Hard power market has ‘truly arrived’: Willis
The power sector faces a “truly” hard insurance market as insurers continue to demand price increases, restrict capacity and tighten…
-
BI
AXA estimates €1.5bn insured loss from Covid-19 and reduces dividend
AXA expects Covid-19-related claims of about €1.5bn this year and has cut its dividend payment pretty much in half as…
-
CRE Insurance
Pandemic may accelerate long-awaited London market reform
News that credit ratings agency AM Best believes the rise of Covid-19 may finally force the adoption of long-awaited reform…
-
CRE Risk Management
Employees happier working at home, finds Cigna Europe study
Job satisfaction has increased in the UK during the Covid-19 outbreak amid enforced home working, according to a new study…
-
Africa
New guide published to help risk committees carry out their role
The Chartered Governance Institute has published new terms of reference for risk committees to help guide boards through their growing…