Owners of Thai Insurer Syn Mun Kong Explore Sale of Majority Stake November 30, 2021 By Bloomberg News The controlling shareholders of Thai insurer Syn Mun Kong Insurance Pcl are exploring the sale of a majority stake in...
Definity Financial’s CEO Plots Acquisitions After Insurer’s Canadian IPO November 29, 2021 By Kevin Orland Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its...
Moody’s Analytics Launches Asset-Liability Management Tool for Insurance Investment November 29, 2021 Moody’s Analytics has launched an asset-liability management (ALM) solution for insurance companies called of RiskIntegrity™ Investment Insight. The new tool...
Chubb Promotes Rayan and Edey for Consumer Lines Distribution and Financial Lines, Respectively; Hiscox Hires Hartford’s Pearsall as Line U/W for D&O November 29, 2021 This edition of International People Moves, covers two promotions at Chubb and a new hire at Hiscox. A summary of...
As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best November 29, 2021 European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory...
Activist Group Calls on Insurers to Sue Oil Companies for Climate Damages November 29, 2021 By Tom Sims FRANKFURT – A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related...
Travelers Weigh Canceling, Delaying Trips as Countries Tighten Rules on Omicron Fears November 29, 2021 By Jamie Freed and Chen Lin SYDNEY/SINGAPORE – Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the...
Flood-Stricken British Columbia Weighs Cost of Climate-Proofing Infrastructure November 24, 2021 By Nia Williams CALGARY, Alberta – Flood-stricken British Columbia is considering major upgrades to its highway network to make it more resilient to...
Insurtech Startup Kettle Raises $25M to Expand Wildfire Reinsurance Protection November 24, 2021 Kettle, the San Francisco-based reinsurance startup that uses artificial intelligence to better protect people from the growing wildfire risks of...
Thai Activists’ iPhones Targeted by ‘State-Sponsored Attackers,’ Warns Apple November 24, 2021 By Panu Wongcha-um and Fanny Potkin BANGKOK – Apple Inc. issued on Wednesday alert messages to at least six Thai activists and researchers who have been...