International
Executives On The Move at Beazley and Willis Towers Watson
Beazley appointed a new global head of cyber & executive risk, effective July 2020. Willis Towers Watson hired a new senior director in its Climate and Resilience Hub. *** Specialist insurer ...
AIR Worldwide Launches Free COVID-19 Catastrophe Modeling Tool
AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead. The company said its product, formally named the Verisk ...
QBE Plans $825M Capital Raise to Help Weather COVID-19 Uncertainty
QBE Insurance is planning to raise about $825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis. The company will raise approximately ...
Regulator Warns Most Small UK Companies Lack Pandemic Insurance
Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on ...
Executives On The Move at Everest Re and Sompo Global Risk Solutions
Everest Re Group hired a new executive for its Global Markets division. Sompo Global Risk Solutions appointed a senior executive who will be based in Mexico. *** Everest Re Group, Ltd. hired Alex ...
Suddenly Everybody Wants Pandemic Cover
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey ...
Doubts Remain Whether Postponed Olympics Will Be Held Even in 2021
As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday [April 10] he can't guarantee the postponed Olympics will be staged next year – even with the long delay. ...
Privacy Lawsuit Revived Against Facebook Over User Tracking
A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even after they logged out of the social ...