Global Economy
British Entertainment Industry Seeks Government Insurance Help
British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While ...
InsurTech NY Is Sponsoring Virtual Industry Job Fair on Oct. 29
InsurTech NY will be holding what it is billing as the first dedicated virtual job fair and networking event for InsurTech startups and the insurance industry. Scheduled for Oct. 29, 2020, the event ...
Swiss Foundation Settles Cryptocurrency Fundraiser Lawsuit With $25M Payment
A three-year-long U.S. court battle over a cryptocurrency fundraiser, one of the largest initial coin offerings ever, has ended with a Swiss foundation paying $25 million ...
Amazon Adds Insurance and Gold to Financial Service Offerings in India
Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground ...
China Re Group Enjoyed Robust Growth for H1 2020
China Re Group Corp enjoyed rapid growth in premiums and steady profitability in the first half of 2020 despite the pandemic. Overall, gross written premiums in the first half of 2020 increased 20.5 ...
QBE CEO Regan Departs After Investigation Following Female Employee’s Complaint
QBE Insurance Group's Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications did not meet the standards set out in the group's ...
Executives On The Move at Willis Towers Watson and Lloyd’s
Willis Towers Watson appointed a new senior director within its Insurance Consulting and Technology business. Lloyd's of London created a new position – head U.S. head of Claims – stemming from ...
Bayer’s $11 Billion U.S. Roundup Settlement Is in Jeopardy
Bayer AG's comprehensive settlement of U.S. lawsuits over its Roundup weed killer is in jeopardy after lawyers for some consumers accused the company of reneging on the $11 billion deal and the judge ...