Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters September 6, 2021 Renaissance Insurance Group is planning to hold an initial public offering on the Moscow Exchange potentially as early as this...
People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
Enstar Completes Purchase of Controlling Interest in Enhanzed Re From Hillhouse September 3, 2021 A unit of global insurer Enstar Group Limited has completed the repurchase of the entire 27.7% interest in Enhanzed Reinsurance...
Facebook’s WhatsApp to Appeal Ireland’s €225 Million Data Privacy Fine September 3, 2021 By Conor Humphries Ireland hit Facebook’s WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the...
Willis Towers Watson Revamps Global Leadership September 3, 2021 Global insurance broker Willis Towers Watson, which ended merger talks with rival Aon in July, announced a new global leadership...
India’s Data-Sharing System Promises to Open Finance to Millions September 3, 2021 By Saritha Rai India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over...
Reinsurer SCOR Restructures Group Leadership Team September 3, 2021 SCOR announced changes to its group executive committee, which aim to facilitate the reinsurer’s next phase of strategic development. SCOR...
Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp September 3, 2021 By Huw Jones High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting...
Aon Acquires Remaining 51% of Aon India Insurance Brokers, Formerly Anviti September 2, 2021 Global insurance broker Aon said it has increased its stake in Aon India Insurance Brokers Pvt Ltd. from 49 percent...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...