Argenta Ceases Underwriting New and Renewal Business in Singapore August 9, 2022 Argenta Underwriting Asia Pte Ltd (AUA) announced that it will cease writing new and renewal business in Singapore with immediate...
Brazil’s BB Seguridade Posts 86.6% Rise in Q2 Net Profit August 9, 2022 By Gabriel Araujo Brazilian insurer BB Seguridade Participacoes SA on Monday increased its full-year outlook, citing higher-than-expected growth in written premiums as it...
Argo Group Hands Board Seat to Activist Hedge Fund Firm Voce Capital August 9, 2022 By Svea Herbst-Bayliss Argo Group International Holdings handed a board seat to its largest investor on Monday, adding activist hedge fund manager J....
Allianz Weighs Sale of Stake in Saudi Arabia Unit August 9, 2022 By Manuel Baigorri Allianz SE is considering a sale of its Saudi Arabian unit, people familiar with the matter said, a move that...
Insurers Get Safety Assurances for Ships Exporting Ukraine Grain Through Black Sea August 9, 2022 By Jonathan Saul and Michelle Nichols Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to...
Rhine River Water Levels in Germany Keep Falling, Forcing Ships to Sail Partly Loaded August 8, 2022 Water levels on the Rhine in Germany fell again during hot dry weather over the weekend and cargo vessels cannot...
More Grain Ships Safely Depart From Ukrainian Black Sea Ports August 8, 2022 Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking...
Arthur J. Gallagher & Co. Acquires UK Risk Management Consultant, Another Day August 8, 2022 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, announced the acquisition of Another Day Ltd. Terms of...
Insurtech Startup Quotech Announces £1 Million Investment Led by Re/insurer Convex August 8, 2022 Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number...
Lloyd’s Launches 2nd Protected Cell Company to Provide Greater Flexibility for Investors August 8, 2022 Lloyd’s announced it has received regulatory approval to set up a second protected cell company (PCC), which aims to enhance...