Kanye west onstage

Lloyd’s carriers settle $10mn Kanye West lawsuit

2018-02-15T13:58:00+00:00

A number of Lloyd’s contingency insurers have settled a $10mn lawsuit involving rap star Kanye West who cancelled 21 tour dates claiming he was suffering from a debilitating illness.

London Mayor Sadiq Khan at scene of the London Bridge attack

UK political overhaul delays much-needed broadening of Pool Re coverage

2018-02-13T13:11:00+00:00

Supporters fear UK government may miss a golden opportunity to reform state-backed terrorism reinsurer; Labour MP rebuffed in early bid to add legislation.

Beijing 2673356 1920

China regulator slams 19 P&C carriers for 'illegal and disruptive' products

2018-02-13T11:02:00+00:00

The China Insurance Regulatory Commission (CIRC) has issued regulatory letters to 19 property and casualty (P&C) carriers chastising the companies for selling products inconsistent with their mandate as insurers.

Aircraft landing reach injection 47044

Marsh criminal complaint puts aviation brokers in the spotlight again

2018-02-12T16:23:00+00:00

News that four Marsh brokers are the subject of a criminal complaint over use of client information in the Philippines has once again again raised questions around broking practices in the aviation space.

Exin

Calamos demands Exin audits as it looks to claw back default loans

2018-02-09T12:26:00+00:00

The Greek-American billionaire John Calamos has asked an Illinois court to see a full audit of Exin’s financials as part of an attempt to claw back over $41mn extended to Matt Fairfield’s company as part of its ongoing attempts to buy Greek state insurer Ethniki, according to documents obtained by ...

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Marsh executives face criminal complaint in fresh aviation scandal

2018-02-08T14:01:00+00:00

Some of Marsh’s top executives in Asia as well as members of its aviation team are the subject of a criminal complaint in the Philippines after allegedly sharing confidential client information.