UK Specialty MGA Nirvana Launches With ‘Ambitious Growth Plans’ March 9, 2023 Nirvana, a London-based managing general agent, has launched in London after acquiring leading media, tech and cyber underwriter, Nirvana Risk...
Lloyd’s Expects 2022 Loss of $947.6M on Investments; Underwriting Results ‘Strong’ March 9, 2023 By L.S. Howard Lloyd’s reported an interim full-year 2022 loss before tax of £800 million ($947.6 million) as a result of investment losses...
Investors Aviva, M&G Urge Britain to Press Ahead With Financial Reforms March 9, 2023 By Iain Withers and Sinchita Mitra Investors Aviva and M&G on Thursday joined calls for Britain to press ahead with financial reforms and give high-growth sectors...
Glut of Plastic Polluting World’s Oceans Is Growing Fast: Research March 9, 2023 By Leslie Kaufman There are more than 170 trillion tiny plastic particles — or 2 million tons of them — floating on the...
Update: Britain Says Financial Reforms Will Be in Same ‘Orbit’ as EU, U.S. March 9, 2023 By Huw Jones Britain’s revamped financial market rules will largely be aligned with U.S. and European Union regulations to minimize disruption to global...
Russian Cyberwar Against Ukraine Stumbles, Just Like Conventional One March 9, 2023 By William Turton and Andrew Martin Even before Russia invaded Ukraine, its hacking offensive was well under way. Suspected Russian hackers targeted Ukrainian government and financial...
Updated: Aviva CEO Says Demand for Private Healthcare Rising on NHS Woes March 9, 2023 By Laura Benitez and Anna Edwards Aviva Plc said it is seeing increased demand for private health insurance because of the strains the National Health Service...
New Reinsurance Brokerage, ReFlex Solutions, Launches in Bermuda March 8, 2023 ReFlex Solutions Ltd., a new independent reinsurance brokerage, has launched in Bermuda with near-term plans for expansion into London and...
People Moves: Childs to Retire as Chair of Hiscox; Optio Taps Munich Re’s Kennett as UK Head of Political Risk & Terrorism; Conduit Re Names BMS Re’s Binetti to Lead Casualty March 8, 2023 This edition of International People Moves details appointments at Hiscox, Optio Group and Conduit Re. A summary of these new...
UK Insurtech Azur Group Sells Tech Services Unit to Senior Managers, Creating New Firm March 8, 2023 Azur Group, the UK-based insurtech, has agreed to sell its technology services business to its senior managers, backed by prominent...