Olympic Committee takes out $800m event cancellation policy with fate of games in the balance
Bloomberg Intelligence estimates the insured cost of cancelling the Olympics to be up to $3bn.
Aston Lark’s mission to conquer Ireland continues with fourth acquisition of 2021
Aston Lark’s stated aim is to become the most trusted insurance broker in Ireland.
AXA France offers an olive branch to disgruntled restaurant customers
AXA France has made a financial offer to its 15,000 restaurant customers whose business interruption policies did not pay out for business lost during the lockdown.
Hail, tornadoes, wind and floods: just another May in the US of A
One storm on May 3-5 caused combined economic losses in excess of $850m, most of which was insured.
Covéa and SCOR bury the hatchet after acrimonious failed takeover dispute
The two groups signed a settlement in the presence of the French financial regulator that prevents Covéa from acquiring SCOR shares for seven years.
Crawford poaches Chubb exec to lead Hong Kong business
The appointment has over 40 years of insurance experience spanning multiple senior underwriting, distribution and claims roles.
Clear makes its 30th acquisition as it expands its UK business
Anderson White Insurance Brokers strengthens Clear’s presence in the South East UK.
Davies eyes US expansion with SKWeston acquisition
SKW specialises in customer experience, technology implementation, managed services and outsourcing strategies for insurance and financial services clients.
Wilmington serves as digital custodian on Mid America Mortgage Ginnie Mae eNote deal
It follows the Digital Collateral Initiative, announced in July 2020, which enables Ginnie Mae to accept eNotes and other digitised loan files as collateral.
Miller poaches Peak Capital CEO to lead ILS business
It is one of three additions to Miller’s ILS team in Bermuda.
