Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced they have reached an agreement to acquire Compre, a specialist global consolidator of closed books of non-life insurance policies, from …
South Korean investment bank Mirae Asset Daewoo Co. Ltd. and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 …
A senior British minister said on Tuesday there was still a chance of a turbulent Brexit without a trade deal as talks with the European Union had snagged on fishing, governance rules and dispute resolution. Just 30 days before Britain …
On Sept. 15, an Indonesian flight carrying 307 passengers and 11 crew to the northern city of Medan momentarily veered off the runway after landing, sparking an investigation by the country’s transport safety regulator. It found the pilot had flown …
AMSTERDAM – Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production of oil and gas to limit its effects on climate change. Seven activist groups, including Greenpeace and Friends of the …
Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and Italy as part of her overhaul of the insurance giant. The company is still in the “early stages for considering …
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to regulatory officials familiar with the matter. Ant …
Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales to transfer policies in the European Economic Area to Lloyd’s Insurance Co. SA (Lloyd’s Europe), with its registered office in …
HDI Global Specialty SE has announced the renewal of its underwriting agency agreement with German M&A insurance specialist MGA, AMANIKI. The agreement also sees AMANIKI move from a co-insurance panel of capacity providers to a 100% exclusive binder with HDI …
Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced it has bound its first risk with THB, the International broking arm of global specialty wholesale broker, AmWINS Group Inc. The risk was bound by Ki on its Lloyd’s …
