International
Banks Still Lend After Floods; Insurers Are Backing Out
Only a year after losing their homes to floods in parts of Australia's north eastern coast of Queensland, people are moving into new houses built on or near the same plots. But while banks have been ...
British Insurers No Longer Sell Travel Insurance to New Customers
British insurers Admiral , Aviva and Direct Line are no longer offering travel insurance to new customers, they said on their websites on Friday. "The ongoing global situation with coronavirus means ...
Executives On The Move at QBE North America and Acadia Insurance
QBE North America recently appointed a new chief operating officer. W.R. Berkley's Acadia Insurance brought on a former New Hampshire insurance commissioner as its chief underwriting officer.
Italy’s Generali Will Create Fund to Help Countries Combat Coronavirus
Italy's biggest insurer Generali on Friday joined a rising number of companies that have rushed to provide funds to fight the coronavirus crisis. Italy has been hardest hit by the outbreak in Europe, ...
The Latest Launches From Swiss Re and Trov
Swiss Re formed a strategic alliance with Microsoft Corp. that will give it access to some digital tools. Trov said its technology will be used to help manage risk data for a car-share fleet of Tesla ...
Cyber Attack Risks Rise With Coronavirus Pandemic
As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: cyber attacks. Aon on Friday issued an advisory cautioning ...
Coronavirus Crisis Hits Insurers With Double Whammy
Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy — a sharp rise in payouts at a time of big ...
Lloyd’s Trading Will Continue During Shutdown of London Building for Coronavirus Stress Test
Lloyd's is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in response to the coronavirus outbreak. Starting at 12:01 a.m. on March 13 and for ...
Two Former Grand Princess Passengers Sue Owners, Alleging Profits Over Safety
A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship's owner for more than $1 million, claiming the company put profits over safety and did not have proper ...