Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore March 10, 2023 Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company...
Allianz Restructures Global Commercial Insurance Unit as One Go-to-Market Business March 10, 2023 Allianz Group announced it is restructuring its global commercial insurance segment as one go-to-market business under the trading name Allianz...
China’s Financial Regulatory Revamp Raises Hope, but Some Concerns March 10, 2023 By Xie Yu, Selena Li and Carolina Mandl A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power...
Markets/Coverages: Specialist Re/insurer Apollo Announces Partnership With Praedicat to Harness Emerging Risk Insights March 10, 2023 Apollo, the London-based independent specialist insurer and reinsurer, announced a three-year agreement with Praedicat, the California-based emerging risk analytics and...
UK’s Largest Companies Fail to Comply With FCA’s New Gender-Diversity Quotas March 10, 2023 By Irina Anghel Seven of the UK’s 10 largest listed companies have failed to comply with the FCA’s new gender-diversity quotas, a reminder...
Demand for Transactional Risk Coverage Remained Strong in 2022: Marsh March 10, 2023 By Jahna Jacobson Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions...
European Central Bank to Test Cyber Resilience of Banks March 10, 2023 The European Central Bank plans to test the cyber resilience of the euro zone’s top banks after a sharp rise...
Viewpoint: Stronger Building Standards Must Be the Norm March 10, 2023 By Mark Berven Regardless of where you call home, we all face growing risk of damage related to extreme weather. Hurricanes, wildfires, winter...
JPMorgan Must Hand Over CEO Dimon’s Records in Jeffrey Epstein Lawsuit March 10, 2023 By Jonathan Stempel A U.S. judge on Thursday ordered JPMorgan Chase & Co. to hand over more documents concerning Chief Executive Jamie Dimon...
Georgia Insulation Maker Fined $432,400 After Worker’s Head Injury March 10, 2023 The U.S. Occupational Health and Safety Organization has cited a Georgia insulation manufacturer after a 21-year-old worker suffered severe head...