Alleged Russian Hacker Charged in $200 Million Ransomware Spree May 17, 2023 By William Turton A Russian man was charged by US authorities in connection with his alleged role with multiple ransomware gangs that attacked...
People Moves: Hamilton Appoints Brown as Chair of Board of Directors; Canopius Taps Hartley From AXIS to Lead New Aviation Reinsurance Business May 17, 2023 This edition of International People Moves details appointments at Hamilton and Canopius Group. A summary of these new hires follows...
Acrisure Acquires Portuguese Broker Universalis May 17, 2023 Acrisure, the Grand Rapids, Mich.-based insurance broker and fintech specialist, announced it has signed an agreement to acquire one of...
Last Ship Leaves Ukraine Port With Fate of Black Sea Grain Deal in Russia’s Hands May 17, 2023 By Michelle Nichols The last ship left a port in Ukraine on Wednesday under a deal allowing the safe Black Sea export of...
Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round May 17, 2023 By Agatha Cantrill Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its...
Specialist Risk Group Acquires UK Specialist Broker TLO Risk Services May 17, 2023 Specialist Risk Group (SRG), the London-based insurance broker, has acquired TLO Risk Services, the professional risk specialist broker, which will...
Tests Clear Recalled Philips Sleep Apnea Machines of Health Risks: Company May 16, 2023 Dutch medical devices maker Philips said on Tuesday that independent tests have shown that the use of its respiratory devices...
Howden to Restructure Business Under Single Global Management Structure May 16, 2023 Howden, the global insurance group, announces today that it will unify its structure under a single global executive, with insurance...
Arthur J. Gallagher & Co. Acquires Australia’s Mavco Insurance Group May 16, 2023 Arthur J. Gallagher & Co. announced the acquisition of Perth, Western Australia-based Mavco Insurance Group. Terms of the transaction were...
Hong Kong’s FWD Weighs Pre-IPO Round as Listings Slow: Sources May 16, 2023 By Manuel Baigorri FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set...