Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources September 22, 2022 By Manuel Baigorri and Elffie Chew AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the...
Fortegra Receives UK Branch Authorization September 22, 2022 The Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced that its European insurer, Fortegra Europe...
Update: Fiona Becomes Strongest 2022 Atlantic Hurricane, Threatening Bermuda, Canada September 21, 2022 By Brian K. Sullivan Hurricane Fiona has intensified to become this year’s strongest Atlantic storm as it moves north to threaten Bermuda and eastern...
Britain Proposes Reforms for Insuring Apartment Blocks After Deadly Grenfell Tower Fire September 21, 2022 Britain’s financial watchdog has proposed reforming how apartment blocks are insured after the deaths of 72 people in the Grenfell...
Britain’s Haleon Rejects Potential Zantac Liabilities in U.S. September 21, 2022 By Natalie Grover Haleon believes it is not liable for any claims that may arise from U.S. litigation over the heartburn drug Zantac,...
Lockton Re Launches SAGE 2.0 to Boost Reinsurance Analytics September 21, 2022 Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, launches Lockton Re SAGE 2.0,...
People Moves: Miller Launches Delegated Authority Team in Canada, Hires 5 From Tysers September 21, 2022 Miller, the leading independent specialist re/insurance broker, announced the expansion of its Delegated Authority team with the appointment of five...
ECB to Limit Purchases of Longer-Term Debt Issued by Climate Laggards September 21, 2022 By Frances Schwartzkopff The European Central Bank will limit purchases of longer-term debt issued by companies that rank poorly under a new scoring...
Fairfax-Backed Digit Insurance’s IPO Put on Hold by Indian Watchdog September 20, 2022 Digit Insurance, a company backed by Canadian billionaire Prem Watsa’s Fairfax Group, has had a planned initial public offering (IPO)...
People Moves: Chubb Global Mkts Promotes Jackson as Product Head of Mgmt Liability; Pesci Rejoins WTW in EMEA Reserving; IQUW Taps Beazley’s Bell, Brown for Property September 20, 2022 This edition of International People Moves details appointments at Chubb Global Markets, the broker WTW and the property and specialty...