High-flying business figures exempted from travel quarantine rules December 4, 2020 Business travellers who arrive back into England will no longer have to self-isolate if they come in from a country not on the government's travel corridor list.
Swiss firms narrowly avoid ‘Responsible Business’ liability as vote divides nation November 29, 2020 By Brenna Hughes Neghaiwi ZURICH (Reuters) – Swiss firms narrowly avoided facing greater liability for human rights and environmental abuses on Sunday after a national vote rejected the proposal due to regional differences despite it winning majority popular support. In a divisive referendum, 50.7% of Swiss voters supported proposals by the Responsible Business Initiative (RBI) [...]
Business interruption case heads to the Supreme Court November 16, 2020 A landmark legal battle between the City regulator and leading insurers over business interruption payouts heads to the Supreme Court today. Hundreds of thousands businesses that were forced to close or faced significant losses amid the pandemic made claims on their business interruption insurance. But leading insurers disputed the claims arguing their policies did not [...]
Insurer RSA share price rockets after £7.1bn takeover deal approach November 6, 2020 Insurer RSA share price rockets after confirmation of break-up deal talks
Zurich spends £1m on employee upskilling drive November 5, 2020 Insurance giant Zurich has spent £1million upskilling existing employees to combat an upcoming skills shortage. Zurich has identified 270 robotics, data science and cyber security jobs that, if employees are not reskilled, could go unfilled by 2024. The business is on a mission to retrain 3,000 UK employees – two-thirds of its workforce – over [...]
London loses crown as global green finance leader October 27, 2020 London has lost its world crown for green finance quality, slipping behind Amsterdam and Zurich after more than two years at the helm, according to the latest Z/Yen index. In its 2020 Global Green Finance Index (GGFI) released to City A.M., the City of London think tank ranked 74 financial centres across the world for [...]
RSA, Hiscox and others drop appeal against Covid-19 business interruption insurance payout rulings October 21, 2020 The appeals linked to the Resilience, Eaton Gate Retail, and Eaton Gate Pubs & Restaurants business interruption insurance policies have now been dropped.
Climate-related risk becomes leading concern for business leaders October 8, 2020 Global business leaders are becoming increasingly concerned about the risk climate change poses to business. The World Economic Forum’s risk report shows that the top risks remain related to economics, with unemployment the main concern for business executives. Previously the risk of infectious diseases had been underestimated but have inevitably jumped 28 spots and it [...]
FCA gets green light to take insurance giants to Supreme Court over Corona policies October 5, 2020 A High Court in London approved the FCA’s request to let the Supreme Court decide on the matter in which the market regulator is seeking clarification on the wording of numerous insurance policies in relation to claims filed as a result of the pandemic.
CryptoAM.io goes DeDays and together create “The Mallorca Roundtable” September 29, 2020 Over the course of the past nine months, we have seen many things grow: fear, uncertainty, doubt and the number of bankruptcies, especially in hospitality. I myself was impacted by this loss in business and am still working on saving the remains of a great idea that was the Craft Coin Company which still holds [...]