EXOR Restarts Talks With Insurer Covéa Over Scrapped $9B Sale of PartnerRe: Report October 25, 2021 EXOR, the holding company of Italy’s Agnelli family, has restarted talks with French insurer Covéa over a possible sale of...
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer October 22, 2021 MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
Guy Carpenter Launches Global Insurtech Center of Excellence October 22, 2021 Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center...
People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W October 22, 2021 This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these...
Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch October 22, 2021 Bermuda’s advantageous tax status for the re/insurance industry will be reduced at the margin with the expected passage of the...
Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks October 22, 2021 Insurance broker Aon and cyber security specialist Cybereason announced an alliance to help protect clients from sophisticated cyber attacks. Cybereason’s...
Employers in Qatar to Be Required to Provide Health Insurance for Expatriates October 22, 2021 DOHA – Employers in Qatar will be required to provide health insurance coverage for expatriates and their families under a...
Worsening Off-Season Floods in Venice Trigger Fears About Climate Change Impact October 22, 2021 By Colleen Barry VENICE, Italy (AP) – After Venice suffered the second-worst flood in its history in November 2019, it was inundated with...
Mosaic Offers $600M of Capacity for War, Terrorism and Political Violence Risks October 22, 2021 Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk....