Liability
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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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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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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…
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Long Covid leaves healthcare providers vulnerable to liability risks
Long Covid, with its varying and unpredictable symptoms and no known cure, leaves healthcare providers vulnerable to liability risks stemming…
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Bayer loses Roundup appeal as US Supreme Court backs $25m damages award
German pharmaceutical firm Bayer has lost its appeal to dismiss Roundup cancer claims before the US Supreme Court, which upheld…
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Greece sues Novartis for €200m after years of bribery probes
The Greek government is seeking more than €200m in damages from Swiss-US pharmaceutical firm Novartis for “illegal” bribery practices. This…
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Thawing permafrost and construction high on Swiss Re’s emerging risk radar
Thawing permafrost and quantum computing lead Swiss Re’s global scan of emerging risks facing companies and their insurers in its…
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UK market hardening losing steam amid signs of plateau
Brokers, risk managers and insurers agree that the UK commercial market is looking better for buyers, with signs of softening…
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Inflation to drive further market hardening as insurers work to avoid liability crisis, says Berger
Ever-rising inflation is set to lead to further P&C market hardening as insurers face up to higher claims and ensure…
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Rising inflation could push up premiums to cover increased claims costs: Gallagher
Rising inflation, if unabated, will push up loss costs and ultimately have to be passed on through premium increases, Arthur…
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Medical professional liability results improve in US
US medical professional liability insurer results improved significantly last year, reversing a four-year trend of weakening performance, but still generated…
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Claims expert warns EU risk managers to prepare for more consumer lawsuits
The EU Class Actions Directive will soon be implemented across Europe and will inevitably lead to more consumer lawsuits and…
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Most US commercial insurance rates rise in May
Commercial insurance rates increased in all major lines for US buyers last month except workers compensation, but the sizes of…
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Hard UK construction PI market rumbles on as 42% of buyers say last renewal significantly worse
The professional indemnity (PI) insurance market is getting even more difficult for UK construction buyers, with 42% saying the situation…
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Ericsson faces SEC investigation in US over 2019 Iraq bribery report
Swedish telco Ericsson is set to face further regulatory scrutiny over bribery allegations, following an announcement from the US Securities…
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QBE opens Dutch office as European expansion continues
Australia-based insurer QBE has added the Netherlands to its European expansion strategy after announcing plans to open a Dutch office.…
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US commercial insurance price increases down a touch at 6% in Q1
US commercial insurance prices increased by 6% overall in the first quarter, about one point lower than the aggregate increase…
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AXIS Capital to focus on specialty as it exits property reinsurance
AXIS Capital is to focus on specialty underwriting with a series of moves including exiting property reinsurance, shifting AXIS Re…
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Spots of softening in UK market set to tilt further in buyers’ favour, says Marsh
The UK commercial insurance market is getting easier for buyers with some price reductions now available and insurers struggling to…
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SiriusPoint adds two to executive leadership team
Specialty insurer and reinsurer SiriusPoint has promoted Patrick Charles to global head of property and casualty insurance and services. He…
