Xenia Buys UK Trade Credit and Surety Broker, Peter Hill Credit & Financial Risks December 1, 2021 The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd.,...
Western Canada Braces for Another Deluge From ‘Atmospheric River’ December 1, 2021 By Marcy Nicholson British Columbia, home to Canada’s biggest port, is bracing for its most intense deluge after a series of damaging rain...
Howden Acquires Specialist Broker Expat Marine in Hong Kong December 1, 2021 Howden, the international insurance broker, announced the acquisition of the assets of Expat Marine Ltd. (EML), a specialist insurance broker...
Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business December 1, 2021 By L.S. Howard Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance...
MGA CFC Underwriting Launches Tool That Calculates Ransomware Costs November 30, 2021 CFC Underwriting, the specialist managing general agent, has released a new tool designed to help customers understand the potential cost...
People Moves: QBE Names Liberty Mutual’s Hunter as Dir. of Canada; Amwins Global Risks Hires Apollo’s Graham for Casualty; Ardonagh Promotes 2 Snr. Leaders November 30, 2021 This edition of International People Moves details appointments at the insurer QBE Canada and brokers Amwins Global Risks and Ardonagh...
China’s Regulator Issues New Rules for Risk Management of Insurance Groups November 30, 2021 China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step...
Convex Gets NAIC Approval to Operate as Reciprocal Jurisdiction Reinsurer in U.S. November 30, 2021 Convex Group Ltd. announced that Convex Insurance UK Ltd. (CIL) and Convex Reinsurance Ltd. (CRL) have received approval from the...
Bain Capital Makes Final Pitch for UK Mutual Insurer LV= November 30, 2021 By Benjamin Robertson Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a...
China Sets Rules to Protect Drivers’ Rights in Ride-Hailing Industry, Requiring Insurance November 30, 2021 BEIJING – China outlined new rules on Tuesday to safeguard the rights of drivers in its giant ride-hailing industry, requiring...