Apollo’s Syndicate 1971 to Open for Trading in 2022 November 22, 2021 Apollo Syndicate Management, the independent specialist insurer and reinsurer, announced it has received Lloyd’s approval to establish and manage ibott...
Climate Change Could Fuel Atmospheric Rivers, Which Caused Recent Canada Floods November 22, 2021 By Nichola Groom Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and...
Fertilizer-Maker Yara to Debut World’s 1st Autonomous Electric Container Ship November 22, 2021 By Victoria Klesty OSLO – The world’s first fully electric and self-steering container ship, owned by fertilizer maker Yara, is preparing to navigate...
Wind Turbine Maker Vestas’ Shares Drop as Cyber Attack Risks Output Delays November 22, 2021 By Christian Wienberg and William Mathis Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind...
UK Competition Regulator Ends Probe Into Gallagher’s Planned Purchase of Willis Re November 22, 2021 Britain’s competition watchdog said on Monday it will not refer insurance broker Arthur J Gallagher & Co’s planned $3.25 billion...
People Moves: Hiscox Hires Starr’s Buchanan as Casualty Dir.; Sharpe, Griffiths to Inver Re’s Exec Team; Plumptre, Fox Join Blenheim Underwriting’s Political Risk Team November 19, 2021 This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd’s managing...
Brit Completes $380M Loss Portfolio Transfer With Legacy Specialist RiverStone November 19, 2021 Brit Ltd. announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International. The agreement is for predominantly...
Swiss Re and China Tech Giant Baidu Partner to Advance Autonomous Driving Industry November 19, 2021 Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re....
Australia’s Corporate Regulator Sues MLC Life for Causing Financial Harm of $13M November 19, 2021 Australia’s corporate regulator said on Friday it was suing MLC Life Insurance for causing financial harm of A$17.5 million ($12.73...
Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re November 19, 2021 TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising...