MS Amlin Launches 2nd Asia-Focused Special Purpose Reinsurance Vehicle for ILS January 6, 2022 MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s global specialty re/insurer, announced its Singapore-based operation has launched its second local...
UK Broker Aston Lark Buys Phoenix Healthcare in 2nd UK Acquisition of 2022 January 6, 2022 Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Phoenix Healthcare (UK) as the...
CFC Merges Medical Malpractice and Healthcare Teams to Build Critical Mass in London January 6, 2022 CFC Underwriting, the managing general agent and emerging risk specialist, announced the creation of a single healthcare team in the...
Cryptocurrency Crime Hit Record $14 Billion in 2021: Research January 6, 2022 By Tom Wilson Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record...
Lloyd’s Forms ‘Product Launchpad’ to Develop Insurance Solutions for Emerging Risks January 6, 2022 The “Lloyd’s Product Launchpad” is the new home for the development of insurance solutions to tackle emerging risks. The Lloyd’s...
People Moves: Aon’s Heinicke to Lead Casualty for WTW in Bermuda; KPMG UK Promotes Jones as Head of Insurance Practice; Howden’s King to Miller in Singapore January 5, 2022 This edition of International People Moves details appointments at Willis Towers Watson, KPMG and Miller. A summary of these new...
Optio Acquires Warranty & Indemnity-MGA Brockwell Capital January 5, 2022 Optio Group, a London-based specialty MGA focused on emerging insurance risks, announced it has acquired Brockwell Capital Ltd., a leading...
French Court Allows Class Action Against Sanofi Over Its Epilepsy Drug Depakine January 5, 2022 By Marthe Fourcade and Gaspard Sebag A French court ruled that families of children who suffered side effects from the epilepsy medicine Depakine can join in...
Mercedes-Benz Owners Warned of Fire Risk but Parts Are Unavailable to Fix Problem January 5, 2022 Daimler’s Mercedes-Benz has informed owners of its luxury cars of a technical defect that could spark a fire, the company...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...