Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion. A number of new …
Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada, H.W. Hollinger is an independent insurance agency providing commercial …
QUETTA, Pakistan – An earthquake of magnitude 5.7 hit southern Pakistan in the early hours of Thursday, killing 20 people, most of them women and children, and injuring about 300, at a time when many victims were asleep, authorities said. …
A Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells, intensifying a dispute around an asset sale completed six years ago. Aiteo Eastern E&P Co. Ltd. claims that Shell falsely …
Australia’s top law officer has written to her state counterparts urging them to redraft the country’s defamation law after a High Court ruling that publishers of social media posts are liable for reader comments sent shockwaves through the media sector. …
JOHANNESBURG – South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions on hotel group Ma-Afrika for 18 months, rejecting the insurer’s request for a shorter time frame on the claim, Santam …
The extreme flooding event in Western Europe in mid-July generated the largest insurance industry loss figure so far this year – at current estimates of US$11.0 billion, according to CRESTA, the insurance industry organization that provides a global standard for …
Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer and Mark Harrington as chief underwriting officer. The Arrow Risk platform provides a efficient and effective trading environment for underwriting …
New Dawn Risk Group, the London-based broker, announced the launch of its new European subsidiary, New Dawn Risk (Europe), headquartered in Malta. Like its parent company, New Dawn Risk (Europe) focuses on insurance broking for financial and professional lines. The …
Hub International Ltd., a Chicago-based broker and financial services firm, announced it has completed the acquisition of the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc. Terms of the transaction were not disclosed. …
