Britain’s political standoff over Brexit escalated further, with even Theresa May’s announcement that she’ll quit as prime minister doing nothing to move closer to a resolution. It leaves the country entering another critical 48 hours after Parliament signaled it’s more …
The U.S. Supreme Court’s conservative justices expressed doubts about a precedent that business groups and the Trump administration say gives federal agencies too much power to change regulations without notice. In an hour-long argument in Washington on Wednesday, the court …
HDI Global Specialty SE – Australia, the new specialty lines insurer, has recruited Jamie Bowes as head of Aviation as a first step to developing a general aviation footprint in the Asia Pacific markets. Bowes, a 20-year veteran in insurance …
A surge in vehicle thefts, including keyless car crime, has led to motor insurers paying out a record £1 million (US$1.3 million) every day, according to figures published by the Association of British Insurers (ABI). See below for ABI’s explanation …
SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney Rostan replaces Vincent Prabis, who is leaving the company to take a different career path. Rostan, 47, will be in …
Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming a joint agreement party. Spearheaded by Neon’s recently promoted head of Specialty, Nicholas Robinson, the consortium has been created in …
The engines of a luxury cruise ship that narrowly escaped disaster during a storm off Norway on Saturday failed because of relatively low levels of lubricating oil in the engines, the Norwegian Maritime Authority said on Wednesday. The Viking Sky, …
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. officials arrived in Beijing for more trade talks. The government will …
Florida-based Seeman Holtz Property & Casualty LLC announced the asset acquisition of Prey Insurance Services LLC, headquartered in Shawano, Wisconsin. Led by Mike Prey and his team, Prey Insurance Services has been serving the state of Wisconsin for more than …
Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized businesses and provide these businesses …
