Billionaire Del Vecchio Seeks to Raise Stake in Generali’s Biggest Investor, Mediobanca June 1, 2020 By Tommaso Ebhardt and Sonia Sirletti Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking...
K2 Insurance Services Launches International Re/insurance Platform in London June 1, 2020 K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International,...
UK Broker SSL Endeavour Rebrands as Oneglobal Broking June 1, 2020 The UK broker SSL Endeavour has rebranded as Oneglobal Broking. The business is led by Chairman Jonathan Palmer-Brown and Chief...
Pandemic-Hit Re/insurers Expect a Costly Hurricane Season – and Rates Are Rising June 1, 2020 By Carolyn Cohn The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already...
British Regulator Enlists 8 Insurers in Pandemic Test Case of Business Interruption Cover June 1, 2020 By Huw Jones and Carolyn Cohn Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should...
Price Forbes’ Gilmore Appointed Chairman of Worldwide Broker Network May 29, 2020 The Worldwide Broker Network has appointed Price Forbes Executive Director Alex Gilmore as chairman. Gilmore previously served as WBN’s Treasurer....
S&P Affirms Munich Re’s ‘AA-‘ Ratings, Reflecting Sufficient Capital for COVID-19 Crisis May 29, 2020 S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries,...
Insurance Survey Asks: How Is Pandemic Affecting Your Life, Your Work, Your Industry? May 29, 2020 How is the coronavirus pandemic affecting your life and your work? Now and going forward? No matter where you work...
K2 Insurance Services Completes Purchase of MGA Pioneer Underwriters May 29, 2020 K2 Insurance Services LLC, the specialty insurance services holding company, has completed the purchase of Pioneer Underwriters, the London-based managing...
Virus from Africa Kills Horses in Thailand, Showing Dangers of Biosecurity Gaps May 29, 2020 By Margo Towie and Jason Gale When horses suddenly started dying in Thailand as the nation locked down to stem the spread of COVID-19, researchers feared...