UK Insurer Admiral Sells Price Comparison Unit to Zoopla in $685 Million Deal December 29, 2020 By Lucca de Paoli UK home and car insurer Admiral Group Plc agreed to sell its price-comparison unit to the owner of property portal...
Cross-Border Workers in Gibraltar to Retain Free Movement with Spain After Brexit December 29, 2020 MADRID – Cross-border workers who commute between Gibraltar and Spain will be exempt from border controls after Brexit even if...
Papadopoulo Promoted to President, Chief Underwriting Officer of Arch Capital Group December 29, 2020 Arch Capital Group Ltd. (ACGL) announced that Nicolas Papadopoulo will be promoted to the position of president and chief underwriting...
Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank December 29, 2020 By Tatiana Voronova MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the...
Insurance Journal’s Most Noteworthy Topics of 2020: International December 29, 2020 By L.S. Howard COVID-19 and mergers and acquistions were just two of noteworthy topics of 2020 covered by the International section of Insurance...
Ant Group Weighs Forming Holding Company, Regulated Like Traditional Financial Firms December 29, 2020 By Julie Zhu and Cheng Leng Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company...
W. R. Berkley Corp. Launches Special Purpose Reinsurer in Bermuda December 28, 2020 W. R. Berkley Corp. announced the formation of Lifson Re Ltd., a special purpose reinsurer registered in Bermuda and licensed...
Argo Group Agrees to Sell Its Italian Business December 28, 2020 Argo Group International Holdings Ltd., a Bermuda-based underwriter of specialty insurance products, announced an agreement to sell its Italian operations,...
Insurance Journal’s Top 10 Most Read Stories of 2020: International December 28, 2020 By L.S. Howard The top international news story of 2020 was the announcement in March of Aon’s proposed merger with Willis Towers Watson....
China Pushes for Restructuring of Ant Group in Latest Blow to Founder Ma December 28, 2020 BEIJING – China’s central bank disclosed on Sunday it had asked the country’s payments giant Ant Group Co Ltd. to...