International
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court's ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 ...
UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group
A UK Supreme Court insurance judgment substantially in favor of policyholders will be a "massive boost" for British businesses currently suffering from a third government lockdown, the Hiscox Action ...
Ship Insurers Ready to Hike Rates After Red Sea Violence
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. The ...
European Firms, Insurers, Warned of U.S. Sanctions Over Russian Pipeline
The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump ...
The U.S. Struck Hardest by 2020 Global Insured Cat Losses: Aon
As bad as 2020 was, global insured catastrophe losses came in at relatively normal levels. The U.S. stands as a notable exception, however, with a large surge in hurricanes, wildfires, and other ...
The Latest Launches From QBE North America, Aclaimant and Pathpoint
QBE North America is partnering with a technology company to use its software for recognizing ergonomics issues in the workplace. Aclaimant released new technology designed to help its work safety ...
Executives On The Move at Hamilton and Chubb
Two executives – veterans of Chubb and Appella – are joining Hamilton Insurance Group to take on leadership positions within its Lloyd's operations. Chubb appointed one of its veteran executives ...
British Officials Claim They Had to Bear Liability in Exchange for Vaccine Deals
Britain had no choice but to agree to bear liability if claims were made against vaccine makers as part of supply deals, officials said on Monday, adding that approval for three of the candidates ...