News
Easy Post-Brexit Market Access Not Likely for UK Insurers, Bankers
The European Union's default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU ...
The Latest Launches From XL Catlin, Willis Towers Watson and American Modern
XL Catlin has expanded its specialty aviation insurance to Mexico. Willis Towers Watson unveiled the latest version of its loss-reserving software known as ResQ. American Modern plans to offer a ...
Climate Change Lawsuits Against 5 Oil Companies Dismissed by U.S. Court
A California federal court dismissed climate change lawsuits against five oil companies by the cities of San Francisco and Oakland, saying the complaints required foreign and domestic policy ...
Swiss Re, XL Catlin Vet Miller Joins AIG’s North America Property Team
A veteran Swiss Re and XL Catlin executive joined American International Group to help run an arm of the insurer's General Insurance division. Jamie Miller is AIG's new North America Property chief ...
Sirius Plans to Access Public Markets Though Easterly M&A Deal
Sirius International Insurance Group is hitting the public markets in a bid to raise capital, pursue acquisitions and grow. "Access to the public equity markets will facilitate and accelerate our ...
Corporate Britain Warns: Slow Brexit Negotiations Place Thousands of UK Jobs at Risk
Prime Minister Theresa May faces a new onslaught over her Brexit plans from corporate Britain, after the U.K.'s five main business lobbies urged her to make progress in the negotiations or risk ...
Saudi Insurance Stocks See Huge Gains With End of Female Driver Ban
Saudi insurers posted significant gains on Sunday, on hopes that insurance volumes will rise as women began driving in Saudi Arabia, in the end of the world's last ban on female drivers. This lifted ...
The Good and the Bad at Lemonade: Latest Chronicles
In a blog item titled "We suck, sometimes," a co-founder of Lemonade, the insurer powered by behavioral economics and artificial intelligence, revealed a recent 1,000 percent growth spurt but ...