Activist Fund CIAM Keeps Pressure on Reinsurer SCOR – and its CEO/Chairman Kessler March 30, 2020 By L.S. Howard The battle between French activist investment fund CIAM and SCOR, which has been waging for more than a year, heated...
Sirius International Launches Formal Process to Find a Buyer March 30, 2020 By L.S. Howard Sirius International Insurance Group, Ltd. (Sirius Group) announced it has launched a formal process to sell the company after a...
Lloyd’s Faces COVID-19 Claims from Multiple Insurance Lines, Says CEO Neal March 27, 2020 By L.S. Howard Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a...
Lloyd’s Returns to Profit, Says in ‘Strong Position’ to Respond to COVID-19 March 26, 2020 By L.S. Howard While announcing a return to profit of 拢2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is...
UK Regulator Warns Insurers to Have ‘Robust’ Coronavirus Contingency Plans March 19, 2020 By L.S. Howard The UK Financial Conduct Authority (FCA) reminded insurers on Thursday to have “robust” operational resilience and business continuity plans in...
Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis March 19, 2020 By L.S. Howard After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its...
Good Piece of Advice from RMS CEO About Assessing a Change in Jobs March 19, 2020 By L.S. Howard Karen White, CEO of RMS, said one of the best decisions in her career was to join Oracle, which took...
RMS CEO White: Embracing Change in a Transforming Industry March 19, 2020 By L.S. Howard During her career, Karen White, the CEO of RMS, has had a front-row seat to observe what happens with companies...
Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue March 12, 2020 By L.S. Howard Lloyd’s is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in...
Aon and Willis Towers Watson Say Merger Is All About ‘Getting Better, Not Bigger’ March 10, 2020 By L.S. Howard There are several talking points that are evident about the planned merger of broking giants Aon and Willis Towers Watson....