International
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...
Greenlight Re Innovations Gets Approval to Launch Lloyd’s Syndicate
Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received "in-principle" approval from Lloyd's to establish an InsurTech-focused syndicate. ...
Generali Loses Third Board Director in Less Than 2 Weeks
Generali, Italy's biggest insurer, said on Tuesday that Sabrina Pucci had resigned from its board for personal reasons, the third director to step down in less than two weeks. Generali's ...
Data of 515,000 People at Risk After ‘Sophisticated’ Hack of Red Cross
The International Committee of the Red Cross said that personal data of 515,000 vulnerable people were compromised in a "sophisticated" hack. The cyber attack targeted a contractor in Switzerland ...
Shell Appeals $2 Billion Court Judgment in Nigerian Oil-Spill Case
A Nigerian court will hear Royal Dutch Shell Plc's appeal to overturn an almost $2 billion award against the company for allegedly spilling oil in the West African country. The energy giant is ...
Investors Cannot Sue German Regulator for Wirecard Collapse, Court Rules
Investors who lost money from investing in Wirecard AG shares can't make Germany's financial regulator Bafin compensate them, a Frankfurt court ruled. The tribunal on Wednesday threw out four suits ...
Net-Zero Insurers’ Climate-Friendly Plans to Exit Coal Impeded by Antitrust Laws
A group of the world's biggest insurers and reinsurers that jointly pledged to eliminate greenhouse gas emissions from their underwriting activities have run into an unexpected opponent of their ...
Lloyd’s Weighs Future of Headquarters as Market Embraces Flexible Working
Lloyd's of London is reviewing its real estate needs as the historic insurance market embraces flexible working. "As we adapt to new structures and flexible ways of working, we are continuing to ...