International
Brazil Group Sues Norwegian Aluminum Producer Over Alleged Toxic Waste Pollution
Some 40,000 Brazilians are bringing a group-action lawsuit against Norwegian aluminum producer Norsk Hydro for what they say is toxic waste pollution the company is causing in northern Brazil. The ...
Willis Towers Watson Will Pay Four Execs $2.1M to Stay Until Aon Merger
Willis Towers Watson has approved retention agreements worth $2.1 million for four executives as an incentive for their continued employment until the closing of the broker's merger with Aon, ...
New UK Rules Could Make Company Directors Personally Liable for Financial Statements
Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain's finance ministry next week to improve corporate behavior, ...
Bermuda-Based Specialty Insurer Mosaic Debuts; Company Includes Lloyd’s Syndicate
Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd's syndicate. Operating with initial ...
Irish Court Backs Four Irish Pubs Over COVID Lockdown Insurance Claims
Ireland's High Court ruled on Friday that four publicans insured by FBD were entitled to be indemnified for losses under lockdown-linked claims, in a test case that could have implications for over ...
Executives On The Move At AXA XL and AXIS Re
A former Munich Re executive joined AXA XL in a leadership role involving reinsurance sales in Latin America. Another ex-Munich Re executive signed on with AXIS Re as a Senior Underwriter for its ...
Commercial Insurance Price Hikes Climb 22% in Q4: Marsh
Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released by insurance broker Marsh. The increase, the largest since the ...
Argo Faces $51M in Estimated Q4 COVID-19, Natural Catastrophe Losses
Argo Group International Holdings Ltd. estimates losses from fourth-quarter 2020 natural catastrophes and the COVID-19 pandemic will hit $51 million. Breaking down the overall total, Bermuda-based ...