Edition:
United Kingdom

Carolyn Cohn

Lloyd's insurer Apollo to stop underwriting Adani coal mine from September 2021

28 Oct 2020

LONDON Lloyd's of London firm Apollo has written insurance for Adani Enterprises' Carmichael thermal coal mine which expires in Sept 2021 but is not planning to provide any further insurance for the mine, according to a memo seen by Reuters.

Insurance costs too steep? Try writing your own

23 Oct 2020

LONDON Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms.

GLOBAL MARKETS -World stocks whipsaw on pandemic worries, gold gains

14 Oct 2020

NEW YORK/LONDON, Oct 14 U.S. and European shares whipsawed between modest gains and losses on Wednesday as investors tried to brush aside market risks to focus on the positive, but caution prevailed in the gold market with prices jumping more than 1%.

GLOBAL MARKETS-European shares dip on second wave fears

14 Oct 2020

LONDON, Oct 14 European shares fell on Wednesday as countries began to close schools and cancel surgeries on a resurgence of the COVID-19 pandemic, though sterling gained on hopes of further Brexit talks.

GLOBAL MARKETS-Shares steady with U.S. bank earnings in sight

14 Oct 2020

LONDON, Oct 14 European shares held steady on Wednesday, underpinned by gains for Wall Street futures, following losses the day before on vaccine trials and a stimulus impasse, while the dollar was also stable.

As globe gallops into vaccine trials, insurers remain unfazed

12 Oct 2020

LONDON/FRANKFURT The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigour. | Video

Hedge funds make pandemic bet on insurance

07 Oct 2020

LONDON Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector's post-coronavirus prospects.

FCA insurance test case appeal heads to Supreme Court

02 Oct 2020

LONDON A test case brought by Britain's markets regulator against some of the world's biggest insurers will jump straight to the Supreme Court after London's High Court agreed to a fast-track appeal on Friday.

World News