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The EU’s sustainability drive is noble, but insurers need support and clarity
Peddler of death sticks boil and bake, fossil-fuelled power group in the cake; fast-fashion firm with supply chain woes, arms maker in the cauldron goes.
Laura Board
,
28 May 2019
Aviva mulls split of UK operations in wider revamp: report
The carrier may separate its life and non-life operations, marking a reversal of a previous reorganisation of the UK arm.
John Hewitt Jones
,
28 May 2019
Argo directors re-elected as company wins knife-edge compensation vote
The Bermudian won the non-binding vote on executive pay, but claimed just 50.3 percent of the vote.
Bernard Goyder
,
25 May 2019
NFIP left in danger of lapse after aid package blocked
A lapse in the NFIP would prevent consumers from renewing or purchasing new flood insurance policies
Laura Sanicola
,
24 May 2019
Carriers threatened with legal action over British Steel claim
A suit would be a major test of legislation making insurers liable for losses arising from the late payment of claims.
Laura Board
,
24 May 2019
Talbot retreats from Lloyd’s China and from Australia
The AIG-owned company will redirect current renewal business though Singapore and London.
Anna Sagar
,
24 May 2019
Swiss Re Corporate Solutions hires North American A&H head
Katie McGrath will from next month replace Mike Kemp, who will be retiring this year.
Anna Sagar
,
24 May 2019
General liability leader Mecham exits Chaucer for Arch
The international GL specialist departs after nine years.
Rachel Dalton
,
24 May 2019
Centerbridge, Gallatin agree to buy $475mn Phoenix stake
The buyout firms' deal with Israel's Delek for a 32.5 percent holding still needs to clear regulatory obstacles.
John Hewitt Jones
,
24 May 2019
Mapfre sued by real estate firm over $40mn Maria claim
Commercial real estate investor Capital Crossing said Mapfre paid only $2.6mn after it reported damage to 228 insured locations.
Christie Smythe
,
24 May 2019
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