Specialty
Persian Gulf Liability Risks Force BP to Avoid Sending Tankers
BP Plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the region after ...
UK Consumers Urged to Lodge Claims for Mis-Sold Loan Insurance
Britain's financial complaints body encouraged consumers on Friday to lodge claims for mis-sold loan insurance ahead of an Aug. 29 deadline, despite criticism from some banks that a majority of the ...
Allianz’ PIMCO Helps Boost Insurer’s Q2 Profit
Allianz SE got a boost from bond giant Pimco in the second quarter as its main insurance businesses felt the pinch of low interest rates. Pacific Investment Management Co. attracted 23 billion euros ...
11 InsurTech Startups Join Lloyd’s Innovation Accelerator Program
Eleven new InsurTech startups are joining Lloyd's of London's innovation accelerator program. More than 130 applications came in from across the world for the third cohort of the Lloyd's Lab, its ...
Satellite Crash Will Send Space Insurance Costs Rocketing
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 ...
Talk to Yourself First Before Chatting With a Boss With Whom You Disagree
It goes without saying that executives and employees alike don't always agree with their bosses, a reality that can lead to anger and resentment. A new blog posting suggests employees should talk to ...
Executives On The Move at Chubb and CLARA Analytics
Chubb made two executive leadership appointments involving its Asia Pacific business. CLARA Analytics, an InsurTech that markets artificial intelligence technology for the commercial insurance ...
New British PM Johnson Pledges Brexit ‘No Matter What’
Prime Minister Boris Johnson promised on Tuesday to lead Britain out of the European Union on Oct. 31 "no matter what" as sterling tumbled and Ireland warned that the bloc would not be renegotiating ...