Monthly Archives: <span>November 2020</span>

Independent Film Productions Shut Down as Virus Insurance Is Hard to Find

For independent filmmakers, the Covid-19 pandemic has added a new hurdle to the already challenging task of lining up financing: finding insurance to cover virus-related interruptions. Lenders are demanding it, and it’s tough to get. So tough, in fact, that …

Aviva in Talks to Sell Units in France, Poland and Italy, CEO Confirms

Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and Italy as part of her overhaul of the insurance giant. The company is still in the “early stages for considering …

Latest Tesla Safety Probe Involves 115,000 Vehicles Over Front Suspension

The U.S. National Highway Traffic Safety Administration (NHTSA) on Friday said it had opened a formal investigation into around 115,0000 Tesla vehicles over a front suspension safety issue. The auto safety regulator said it was opening a preliminary evaluation into …

Q&A on Mental Health Issues Among Employees and How AI Might Help

We are all familiar with the challenges of 2020, but we may still be underestimating how deep and wide they go. Seven in 10 employees say this has been the most stressful year of their working lives, according to a …

Ant Group’s Massive, Suspended IPO May Not Be Revived Until 2022

The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to regulatory officials familiar with the matter. Ant …

Lloyd’s Gets Nod to Transfer European Policies to Lloyd’s Europe in Time for Brexit

Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales to transfer policies in the European Economic Area to Lloyd’s Insurance Co. SA (Lloyd’s Europe), with its registered office in …

HDI Global Specialty Renews Agreement with German MGA AMANIKI

HDI Global Specialty SE has announced the renewal of its underwriting agency agreement with German M&A insurance specialist MGA, AMANIKI. The agreement also sees AMANIKI move from a co-insurance panel of capacity providers to a 100% exclusive binder with HDI …

Ki Syndicate 1618 Binds 1st Risk with AmWINS’ Broking Unit THB

Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced it has bound its first risk with THB, the International broking arm of global specialty wholesale broker, AmWINS Group Inc. The risk was bound by Ki on its Lloyd’s …

AXA Sells Persian Gulf Business for $269 Million to Kuwaiti-Based Group

AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts its focus and exits some overseas investments to shore up its finances amid the coronavirus pandemic. The Paris-based insurer said …

Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit

Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy Aegon NV’s business in the region and in Turkey for 830 million euros ($990 million), outbidding NN Group NV and …