Region
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Beazley offers more capacity to risk managers that meet Marsh’s ESG Risk Rating
Beazley is going to grant more capacity through its Lloyd’s of London Syndicate 4321 to companies that perform well on…
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Norsk Hydro sued in the Netherlands over contamination in Brazil
Norwegian energy company Norsk Hydro is being sued in the Netherlands over allegations that its aluminium plant in Brazil polluted…
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UK regulator fines Ghana International Bank £5.8m for poor AML controls
The UK’s Financial Conduct Authority (FCA) has fined Ghana International Bank (GIB) £5.8m for failing financial crime controls. The FCA…
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US casino Covid BI ruling turns against insured in favour of Zurich, AIG and Allianz
A New Jersey appeals court overturned a lower court and ruled against an Atlantic City casino and in favour of…
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A J Gallagher buys Ireland retail broker
Arthur J Gallagher has acquired Irish firm INNOVU for an undisclosed fee. As first reported in our sister publication Business…
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Zurich report finds risk management shortfalls exacerbated storm Bernd
Simply blaming the catastrophic impact of severe weather event Bernd that caused devastating flooding and damage of up to €50bn…
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GC&C and GEB merged into new French unit under Generali reshuffle
Generali has announced a significant reorganisation of its management structure that sees all its global business lines – Generali Corporate…
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French insurers report €1.26bn in claims from recent storms
French insurers have incurred some €1.26bn in claims from bad weather at the start of June and in late May,…
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Australian insurers to see 6% premium growth on higher rates
Higher risk pricing and claims inflation are expected to lead to a 6% growth in non-life premiums in Australia, according…
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Glencore Energy convicted in UK for oil bribery payments
Mining firm Glencore Energy UK has been convicted on seven counts of bribery at a London court, for paying $28m…
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New leadership at Lufthansa captive
Cologne-based Delvag Versicherungs-AG, the insurance arm of German airline Luftahansa, has appointed two experienced underwriters – Dennis Heinen and Markus…
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EthiXbase launches supply chain compliance checks to help firms meet Germany’s new human rights law
With six months left to comply with Germany’s new human rights legislation, UK businesses with operations in the country can…
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Everest Insurance expands into Asia with Singapore office
Everest Insurance has entered the Asian market with the opening of an office in Singapore. Everest, the insurance division of…
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Miller appoints head of media, TV and film
Miller has appointed Susana Bramwell to lead Miller’s expansion into media, TV and film. She will join Miller later this…
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More data vital for better renewal outcome on US property risks, says Gallagher
US property underwriters are requiring more data to work on submissions and, in particular, insureds need to focus on replacement…
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Pool Re to invest in terrorism risk management solutions
Pool Re is embarking on a new chapter that will see the UK’s state-backed terrorism reinsurer modernise its reinsurance offering,…
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European insurers call on EU to develop rules on third-party litigation funding
A group of leading European business associations – including Insurance Europe – have issued a joint statement that calls for…
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BELFOR cements Scandinavian position through SSG acquisition
BELFOR, a leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined…
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UK government warned of ‘complacency’ over post-Brexit financial sector and ‘reluctance’ to rebuild EU relationship
The UK government has been warned against “complacency” over the future of the UK’s financial sector since Brexit and its…
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German diesel manipulation legal protection claims exceed €1.4bn and still rising
The cost of disputes in Germany over the so-called ‘Dieselgate’ scandal continues to rise and it now represents the costliest…
