insurance News
United Nations Development Arm Starts Disaster Insurance Program
The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural ...
Banks Believe London Will Remain a Global Financial Center: Survey
London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank's annual sentiment survey of financial firms showed on Monday. Britain fully left ...
London Adapts to a Post-Brexit Financial World
High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London's ...
VC Firm FinTech Collective Raises $250M for Insurance, Financial Industry Startups
FinTech Collective – a New York-based venture capital firm focused on innovation in insurance and other financial sectors -- has raised $250 million to fuel future projects. The outfit typically ...
Amazon Will Pay Shoppers Injured by Others’ Products Without Admitting Liability
Amazon.com Inc on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For ...
This Year’s Lloyd’s Startup Accelerator Program Focuses on Flood Loss, Severe Weather and More
Flood loss estimates, secure private messaging, money laundering detection and severe weather parametrics are the objectives of a few in a group of startups chosen by Lloyd's of London for its latest ...
Insurance Withdrawal Puts Sports and Festival Events at Risk
While there was debate about the wisdom of the Tokyo Olympics proceeding as scheduled given the current health conditions, the insurance industry dodged a bullet with the go-ahead. According to ...
Travelers Makes ‘Strategic Minority Investment’ in Fidelis Insurance Holdings
The Travelers Companies said it has made a "strategic minority investment" in Fidelis Insurance Holdings, a privately-owned global specialty insurer and reinsurer. Neither side disclosed financial ...