Arch Capital Leads Group in $500 Million Bid for Reinsurer Watford: Reuters September 9, 2020 By David French A consortium led by insurer Arch Capital Group Ltd. has made an approximately $500 million offer to acquire reinsurance firm...
Reuters Report: How COVID-19 Swept Brazilian Slaughterhouses of Top Meatpacker September 9, 2020 By Ana Mano JBS SA, the world’s largest meatpacker, has vowed to keep the world fed during the coronavirus pandemic. Executives say the...
Belgian Insurer Ageas Could Be Next Private Equity ‘Unloved’ Target: Opinion September 8, 2020 By Chris Hughes, Bloomberg Opinion The unloved insurance sector is proving a rich territory for acquirers. Apollo Global Management Inc., Blackstone Group Inc., Carlyle Group,...
Munich Re Expects Beirut Losses of €100 Million; Sees Slowdown in COVID-19 Losses September 8, 2020 By Stephan Kahl Munich Re said it faces claims of at least 100 million euros ($118 million) stemming from the deadly explosion that...
Japan Offers Mauritius ‘Unprecedented’ Support in Oil Ship Accident September 8, 2020 By Kiyoshi Takenaka Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after...
Abu Dhabi’s Etihad Airways Offers Passengers Coronavirus Insurance September 8, 2020 By Alexander Cornwell Abu Dhabi’s Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the...
British Theatres, Concerts Say Shows Will Go on Only With Insurance Help September 8, 2020 By Carolyn Cohn and Barbara Lewis British theaters and live music venues say the show will only go on if the government provides a financial backstop,...
Sompo International’s AgriSompo, Invivo Group to Offer Crop Insurance in France September 8, 2020 The global agriculture platform of Sompo International Holdings, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a...
9 Coronavirus Vaccine Developers Pledge to Uphold Scientific Safety Standards September 7, 2020 By Ludwig Burger and Patricia Weiss Nine leading U.S. and European vaccine developers pledged on Tuesday to uphold the scientific standards that their experimental immunisations will...
Changes at Zurich: New Digital Team; New CEOs for Asia Pacific, North America, Latin America September 4, 2020 Zurich Insurance Group is launching a new unit to expand digital services platform worldwide. The company has also appointed several...