Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover March 25, 2022 Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax...
British Police Arrest 7 Suspected Members of Lapsus$ Hacking Group March 25, 2022 By James Pearson and Raphael Satter Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major...
Update: Challengers to Generali’s Management Target Higher Growth, Bigger M&A March 25, 2022 By Gianluca Semeraro The rebel challengers to Generali’s current management pledged to grow earnings by double figures through cost cuts and free up...
Arthur J. Gallagher & Co. Acquires Canada’s PCI Compensation Consulting March 25, 2022 Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based PCI-Perrault Consulting Inc. (doing business as PCI Compensation Consulting)....
UK’s Asset Freeze of Russian Shipping Firm Sovcomflot Causes Problems for Re/Insurers March 25, 2022 By Jonathan Saul Russia’s top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the...
Generali Investor Wants Insurer to Be Multinational ‘With Italian Sovereignty’: Report March 25, 2022 Francesco Gaetano Caltagirone, a leading investor in Generali, wants Italy’s top insurer to grow into a big multinational “with Italian...
Istanbul-Based Broker GrEC Joins Assurex Global as Partner March 25, 2022 Assurex Global announced that GrECo, based in Istanbul, Turkey, has joined the global partnership, which now consists of 97 independent...
People Moves: Aon Names WTW’s Forrest as CEO of Insurance Consulting, Reinsurance Solutions; Pool Re Hires Former MS Amlin Exec Clementi as CEO, Succeeding Enoizi March 24, 2022 This edition of International People Moves details appointments at Aon and Pool Re. A summary of these new hires follows...
Aston Lark Acquires UK Specialist Broker Braddons March 24, 2022 Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced specialist corporate insurance broking firm...
Bank of England Begins Developing Regulatory Framework for Cryptoassets March 24, 2022 By Huw Jones and David Milliken The Bank of England on Thursday began sketching out Britain’s first regulatory framework for cryptoassets, saying that although the sector...