Japanese Lunar Exploration Firm ispace Raises $28M and Inspires Moon Insurance August 20, 2020 The Japanese lunar exploration firm, ispace, which is developing spacecraft to carry people to the moon, just raised $28 million...
Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO August 20, 2020 By Kane Wu and Scott Murdoch Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss...
Cold Chain Mystery: Does Coronavirus Spread Via Contaminated Food Packaging? August 20, 2020 By Bloomberg News Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab...
Pandemic Hits Insurer AIA Group’s New Business in Hong Kong, China August 20, 2020 Hong Kong-based insurer AIA Group Ltd. on Thursday reported a 37% fall in new business for the first half of...
Randall & Quilter to Acquire Inceptum August 19, 2020 Randall & Quilter II Holdings Limited has agreed to acquire the entire issued share capital of Inceptum Insurance Co. Inceptum...
Aon’s New Capital Partners Aims to Tap Additional Sources of Capital for Reinsurance August 19, 2020 Global broker Aon has formed a new team in its Reinsurance Solutions business that will focus on building global investor...
Marsh’s Russell-Vick Joins Willis to Head Broking for Finex Business for Britain August 19, 2020 Global broker Willis Towers Watson announced the appointment of Mark Russell-Vick as its new head of broking for its Financial,...
China Makes Investor Class Actions Easier in Crackdown on Corporate Fraud August 19, 2020 By Samuel Shen and Alun John China wants its army of mom-and-pop investors to take corporate fraudsters to task with landmark class action lawsuits, but heavy...
20% of Meat Plant Workers Infected with Covid in Large Exporter Brazil, Union Says August 19, 2020 By Tatiana Freitas One in five workers at Brazil’s meat plants have been infected with coronavirus, according to union estimates. That would make...
UK Working With Heathrow on COVID Testing as Alternative to Quarantine August 19, 2020 Britain is working with London’s Heathrow Airport on a plan to use COVID-19 testing to help shorten quarantine times, in...