Posts by Hometown Insurance

Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore. With the Asian market presenting extensive opportunities, Asta has launched a service company that will enable clients easily …

Allianz Group announced it is restructuring its global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, which will encompass its Allianz Global Corporate & Specialty (AGCS) business, serving large corporate clients, and the insurance businesses …

A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party intervention. In a major shake-up, China will set up the …

Apollo, the London-based independent specialist insurer and reinsurer, announced a three-year agreement with Praedicat, the California-based emerging risk analytics and modeling company, that will deploy Praedicat’s technology and data for Apollo’s underwriting and portfolio management. Praedicat’s CoMeta™ platform creates underwriting …

Seven of the UK’s 10 largest listed companies have failed to comply with the FCA’s new gender-diversity quotas, a reminder of the scale of the challenge facing businesses as they look to improve diversity in their upper ranks. AstraZeneca Plc, …

The European Central Bank plans to test the cyber resilience of the euro zone’s top banks after a sharp rise in cyberattacks, including after Russia’s invasion of Ukraine, ECB supervisory chief Andrea Enria told a Lithuanian newspaper. “Next year we …

Regardless of where you call home, we all face growing risk of damage related to extreme weather. Hurricanes, wildfires, winter storms, tornadoes and hail pose increased risk for homes, businesses and communities across the country. According to the National Oceanic …

A U.S. judge on Thursday ordered JPMorgan Chase & Co. to hand over more documents concerning Chief Executive Jamie Dimon to the U.S. Virgin Islands for the territory’s lawsuit accusing the bank of aiding in Jeffrey Epstein’s sex trafficking. U.S. …

The U.S. Occupational Health and Safety Organization has cited a Georgia insulation manufacturer after a 21-year-old worker suffered severe head trauma when he was caught in a machine’s roller. Bonded Logic Inc., in Lafayette, Georgia, was cited for multiple willful, …

A worker died after a wall collapsed at a New York City demolition site and buried him in rubble, authorities said. The collapse happened Tuesday at a three-story building being demolished on Lafayette Street in lower Manhattan, city Department of …