Calif. court refuses summary judgment to insurer in COVID case
Catastrophes, Coronavirus, Coverage Disputes, Emerging Risks, P/C Insurers
Global fintech growth challenged by macroeconomic risks – WEF report
Macroeconomic risks have been highlighted as the biggest concern affecting the growth of global fintechs, according to research from the World Economic Forum (WEF).
Aon details restructuring program, reports Q3 results
Agents and Brokers, Financial Results, Reinsurance Aon
AM Best revises outlooks to positive for Definity Financial Corporation & it’s subsidiary
Global credit ratings agency, AM Best, has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Definity Insurance Company (Definity Insurance).
HSBC trials quantum protection for AI-powered FX trading
HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.
Underwriting discipline to remain in threshold driven market: Rajeh, Arch Worldwide Re
After a broad reassessment of the cost of risk, a focus on underwriting discipline is expected to persist at the upcoming renewals and beyond, in what’s expected to be a good market for both primary insurers and reinsurers, according to Maamoun Rajeh, Chairman and Chief Executive Officer (CEO), Arch Worldwide Reinsurance Group.
Mosaic launches cyber, financial institutions crime product
Asbestos & Environmental, Cyber Risks, Emerging Risks, P/C Insurers, Political Risk, Products & Services, Technology Lloyd’s of London, Mosaic
Marsh & McLennan revenue rises as JLT integration continues
Agents and Brokers, Excess and Surplus Lines, Financial Results, Mergers and Acquisitions, P/C Pricing, Reinsurance Guy Carpenter & Co., Jardine Lloyd Thompson Group, Marsh & McLennan
Zurich expects to exceed all 2022 financial targets
Financial Results, P/C Insurers, P/C Pricing, Risk Management Switzerland Zurich