Global Economy
A.M. Best Dings Credit Outlook for Navigators’ EU Business
Navigators' international arm must deal with an outlook downgrade from A.M. Best due to uncertainties about its post-Brexit business plan in the European Union under new owner The Hartford Financial ...
The Latest Launches From Fidelis and AmTrust
Fidelis, Aon and Marsh are collaborating on a new approach to keeping the products of modern slavery out of the export supply chain. A division of AmTrust Financial Services launched a commercial ...
A Primer on London’s Former Role Insuring the Atlantic Slave Trade
London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism. This reappraisal was triggered by the death of George Floyd, a black man ...
Swiss Re Appoints Leger as Chief Underwriting Officer as Schmid Steps Down
Swiss Re announced the appointment of Thierry Léger as the group chief underwriting officer, effective Sept. 1, 2020. At the same time, the reinsurer announced it is restructuring its life ...
Australia Government, Critical Infrastructure Targeted by State-Based Hackers
Australia's government, health and education services and various industries are being targeted by sophisticated state-based cyber attacks, Prime Minister Scott Morrison said Friday. Morrison said ...
AGCS Gets Negative Outlook From S&P Over ‘Weak Underwriting Performance’
Allianz Global Corporate & Specialty faces an outlook downgrade from S&P Global Ratings. The ratings agency revised its outlook for AGCS to negative from stable, while at the same time ...
COVID-19 Legacy: Many Work-From-Home Policies Likely to Remain Indefinitely
Many of the work-from-home policies launched or expanded due to the coronavirus pandemic are likely to remain indefinitely, according to a survey conducted by 451 Research, S&P Global Markets' ...
Markel International Narrows Focus to Entertainment; COVID-19 Costs to Blame
Markel International, the London-based specialist insurer and division of Markel Corp., has announced its wholesale business will now focus solely on the entertainment book of business within its ...