Industry’s Blockchain Project, B3i, Ceases to Trade After Filing for Insolvency July 29, 2022 By L.S. Howard The industry’s blockchain project, B3i, has ceased activities and filed for insolvency following unsuccessful funding rounds. “The directors, following consultation...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
The Global Urgency of Building the Carbon Removal Industry July 13, 2022 By L.S. Howard “If you build it, they will come.” This famous, but paraphrased, quote from the film “Field of Dreams” is apropos...
Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero July 13, 2022 By L.S. Howard Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the...
Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms July 11, 2022 By L.S. Howard Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as...
Quantum Computing, Lower Construction Quality, Legal Tech Seen as Emerging Risks: Swiss Re July 4, 2022 By L.S. Howard The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and...
Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc. June 24, 2022 By L.S. Howard The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and...
Many Business Leaders Feel Unprepared for Growing Geopolitical Risks, Inflation June 14, 2022 By L.S. Howard Many business leaders feel unprepared for growing geopolitical risks and inflation, according to a report published by Beazley. “Across the...
AXIS Exits Property Reinsurance to Focus on Specialty; Leadership Team Restructured June 8, 2022 By L.S. Howard AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...