Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation March 14, 2024 By Tony Rai Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers...
People Moves: Arch Reinsurance Promotes 3 Senior Leaders: Halgan, Hardy Pickering and Pun; DUAL France Taps Déal From Everest as Managing Director March 13, 2024 This edition of International People Moves details appointments at Arch Reinsurance and DUAL France. A summary of these new hires...
Markets/Coverages: QBE Creates UK Healthcare Practice With New Liability Product March 13, 2024 QBE has created a Healthcare practice group and has launched a Healthcare Advantage Liability product. The Healthcare practice group will...
PE Firm Nordic Capital Weighs Sale of Regulatory Tech Firm Regnology: Sources March 13, 2024 By Amy-Jo Crowley Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business...
Novatae Acquires UK-Based Broker Bretton Woods International March 13, 2024 Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject...
Update: UK Insurer Direct Line Rejects Ageas’ Sweetened Buyout Proposal March 13, 2024 By Eva Mathews and Carolyn Cohn Britain’s Direct Line said on Wednesday it had rejected a revised 3.17 billion pound ($4.06 billion) takeover bid from Belgian...
UK Is Far From Climate Proof Due to Poor Planning, Officials Say March 13, 2024 By Olivia Rudgard and Laura Millan The UK has failed to prioritize climate adaptation to risks such as floods and heat waves, putting British citizens and...
Hedge Fund That Rode Catastrophe Bond Rally Mounts Tactical Retreat March 13, 2024 By Gautam Naik A hedge fund that last year delivered its best result ever thanks to catastrophe bonds is now scaling back its...
Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts March 12, 2024 Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured...
Insurtech bolttech Partners with Saudi Telecom Group to Provide Embedded Insurance March 12, 2024 Singapore-based insurtech bolttech announced its expansion into the Middle East with the launch of its partnership with telecommunications company stc...