Update: Two Trains Collide in Greece, Killing at Least 38 People March 1, 2023 By Sotiris Nikas At least 38 people were killed and 72 more were injured in a train crash in northeast Greece late Tuesday...
Markets/Coverages: CNA Hardy Launches 1st in Series of Products for Int’l Clients March 1, 2023 CNA Hardy, the specialist commercial insurer that operates within the company and Lloyd’s markets, announced the launch of a new...
Jensten Group Acquires UK’s Specialist Schemes Broker Darwin Clayton March 1, 2023 The Jensten Group has announced its acquisition of the schemes broker, Darwin Clayton, for an undisclosed amount. The deal, which...
Specialty Re/Insurer Canopius Expands in APAC, With Launch of Melbourne Office March 1, 2023 Canopius Group, the global specialty re/insurer, announced the opening of a new trading office in Melbourne, Australia. The operation will...
Howden Buys Specialist Entertainment Broker Franz Gossler in Germany March 1, 2023 Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...
Acrisure Continues European Expansion With Launch of German Subsidiary February 28, 2023 Acrisure, a fintech company that operates a top-10 global insurance broker, announced the formation of Acrisure Deutschland GmbH, a new...
Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022 February 28, 2023 The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year –...
Hong Kong’s FWD Group Raises $1.8 Billion in Private Placements Over Past 2 Years February 28, 2023 By Manuel Baigorri FWD Group Holdings Ltd. raised a total of $1.8 billion in private placements over the past two years, as the...
AXA Sells Stake in Monte dei Paschi After Providing Cash Call Support February 28, 2023 AXA said on Monday it was selling virtually all of the 8% stake in Monte dei Paschi di Siena acquired...