Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million March 19, 2025 Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million)...
CRC Group Acquires Texas’ Risk Transfer Partners March 19, 2025 CRC Group, an independent wholesale specialty insurance distributor in North America, announced the acquisition of Risk Transfer Partners (RTP), a...
After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits March 19, 2025 Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia,...
People Moves: Coalition’s First CTO Virudhagiri Joins From Tesla March 19, 2025 Coalition, the world’s first active insurance provider designed to prevent digital risk before it strikes, hired Maha Virudhagiri as the...
FDA Announces Plan to Strengthen Infant Formula Supply, Quality March 19, 2025 U.S. health agencies announced on Tuesday a set of actions and initiatives to ensure the quality, safety, nutritional adequacy and...
New York Financial Services Regulator Launches New Platform, Boosts Staffing March 19, 2025 The New York State Department of Financial Services (DFS) has launched the DFS Connect platform, a portal that will centralize...
Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity March 19, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing...
California Insurance Wholesalers Launch Women and Insurtech Initiatives March 19, 2025 The California Insurance Wholesalers Association launched two new initiatives: CIWA Women and an Insurtech Committee. CIWA Women is designed to...
People Moves: EPIC Names Allen Private Client Team Principal March 19, 2025 EPIC Insurance Brokers & Consultants named Matt Allen principal of its private client team. Allen has more than 18 years...
People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia March 18, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of...