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SCOR settles with Barclays in UK High Court

Barclays had advised Covea over its failed attempt to acquire SCOR in 2018.   14 June 2021

Insurance

Mental health and financial recovery from COVID top Asia-Pacific concerns: Swiss Re

Swiss Re commissioned two annual consumer surveys across markets in APAC.   14 June 2021

Insurance

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.   11 June 2021

Insurance

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.   11 June 2021

Insurance

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.   11 June 2021

Insurance

Miller poaches Peak Capital CEO to lead ILS business

It is one of three additions to Miller’s ILS team in Bermuda.   10 June 2021

Insurance

MGA/insurtech firm Qlaims appoints new CEO amid C-suite reshuffle

Qlaims Insurance uses capacity provided by HSB Engineering, part of Munich Re.   10 June 2021

Insurance

Ransomware gangs now mirror drug cartels as stakes raise: CyberCube

They have also expanded the playbook to include so-called ‘double-extortion’.   10 June 2021

Insurance

Neema launches African political violence & terrorism reinsurance product

Neema promises more Africa-centric products 'very soon'.   9 June 2021

Insurance

Reinsurance Group of America completes annuity reinsurance deal with Modern Woodmen

The deal closed on June 3, 2021, with an effective date of April 1, 2021.   9 June 2021

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