Neptune launches online flood insurance platform
Flood insurance company Neptune Flood has announced the launch of a new website to streamline the process for small business administration (SBA) borrowers to secure commercial flood insurance.
How has COVID-19 impacted M&A insurance?
Independent specialist insurance and reinsurance broker BMS has launched its inaugural private equity, M&A and tax report, ‘Redefining M&A Insurance for the 2020s’. The report, which provides a holistic view of how M&A insurance interacts with the wider M&A sphere globally, also gives a first look at behaviors and trends following the onset of the COVID-19 pandemic.
First Indemnity launches new liability insurance
First Indemnity Insurance Group, a specialty insurance agency dedicated to professional liability products for lawyers and law firms, has launched special insurance coverage designed to help law firms that may be carrying inadequate coverage or that are seeking higher limits.
Moderate insurance pricing increases in Asia
According to a report titled “Global Insurance Markets: Pricing Moderate in First Quarter” from Marsh, the world's leading insurance broker and risk advisor, insurance pricing in the first quarter of 2021 in Asia increased by a moderate 8% year-over-year.
EU seeks global standards for AI
The European Union unveiled strict regulations on Wednesday to govern the use of artificial intelligence, a first-of-its-kind policy that outlines how companies and governments can use a technology seen as one of the most significant, but ethically fraught, scientific breakthroughs in recent memory.
World’s top insurance brands
Brand valuation consultancy firm Brand Finance has revealed the world’s top insurance brands. China’s Ping An retained its spot as the world’s most valuable insurance brand, while China Life knocked Germany’s Allianz out of the number-two spot.
Top risks for directors and officers
Cyberattacks and data loss are the top risks facing directors and officers, according to a new survey by Willis Towers Watson and global law firm Clyde & Co. The forced change in working practices brought on by the COVID-19 pandemic has heightened those concerns, the report found.
China financial entities to be required greening
China will require financial institutions to transition towards green finance as early as possible, to help achieve the country's carbon neutrality goals.
Mental health pandemic could be the next contagion
Mental health problems caused by the COVID-19 infections will be the next pandemic according to a new study published by the Barcelona Institute for Global Health (ISGlobal) in March 2021.
IMF aims to distribute $650 billion SDR reserves
The staff of the International Monetary Fund has recommended an expansion of the Fund’s emergency reserves by $650 billion, given higher financing needs of its members in the wake of the global pandemic