Life Insurance Corp. of India’s IPO Prospectus Could Be Filed in Final Week of January January 11, 2022 By Vrishti Beniwal, Baiju Kalesh and Suvashree Ghosh Life Insurance Corporation of India could file a prospectus in the final week of January for what would be the...
People Moves: BHSI Promotes Kidd to Country Mgr., Ireland; BMS Iberia Hires WTW’s Melero for Affinity Practice; Fidelis Promotes Jarvis to Deputy Dir. of Underwriting January 11, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, BMS and Fidelis Insurance. A summary of...
MGA First Underwriting Forms £1B, 5-Year Capacity Deal With R&Q’s Accredited January 11, 2022 First Underwriting Ltd., the London-based specialist MGA that is part of Kingfisher UK Holdings, announced a five-year capacity deal to...
Legacy Specialist Enstar and Aspen Insurance Agree to $3.12B Loss Portfolio Transfer January 11, 2022 Enstar Group Ltd. announced that one of its wholly owned subsidiaries has reached an agreement for a ground-up loss portfolio...
Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO January 11, 2022 By Krystal Hu Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion,...
Climate Crisis Is Top Risk Facing World for Next Decade: World Economic Forum Survey January 11, 2022 By Alessandra Migliaccio There’s little faith in the global economic recovery accelerating, with officials and business leaders citing climate change and rising social...
Berkshire Hathaway Invests in Ariel Re, Extends Quota Share Agreement January 11, 2022 Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic...
People Moves: SiriusPoint Promotes Chester for U.S./Canada Reinsurance; Banyan Risk Names Ascot’s Horrobin as Co-Founder, Co-CEO; SCOR Reinforces Sustainability Teams January 10, 2022 This edition of International People Moves details appointments at re/insurer SiriusPoint, specialty MGA Banyan Risk and reinsurer SCOR. A summary...
Movo Partnership Acquires 3 Commercial UK Brokers January 10, 2022 Movo Investment Group Ltd., the parent company of the Movo Partnership network (Movo), announced it has completed the acquisition of...
Dirty Money Worried Swedbank Compliance Officers but Bosses Kept Mum: Documents January 10, 2022 By Niclas Rolander, Aaron Eglitis and Anton Wilen In the summer of 2018, a senior anti money-laundering official at Swedbank AB appeared anxious as he read reports that...