People Moves: Gallagher Re’s Bousfield to Lockton Re Bermuda; Atrium Names Munich Re’s Cusition as Marine U/W; MS Amlin Hires RSA’s Forsyth as Lead Class Hull U/W October 8, 2021 This edition of International People Moves details appointments at reinsurance broker Lockton Re and two insurers: Atrium Underwriters and MS...
Aon Launches ‘Ransomware Defence’ to Address Cyber Insurability Challenges October 8, 2021 Insurer Aon plc announced the launch of a new offering aimed at increasing the resilience of businesses in the UK...
Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion October 8, 2021 U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia...
India Plans to Let Foreign Investors Hold 20% Stake in Life Insurance Corp.’s IPO October 8, 2021 By Shruti Srivastava India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to...
Tokyo Jolted by Strongest Earthquake Since 2011, With Injuries Reported October 8, 2021 A magnitude 5.9 earthquake struck near Tokyo late Thursday, rattling parts of the capital the most since the March 2011...
German Insurtech Getsafe Raises Another $63M for Full Insurance License October 8, 2021 Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash...
Hub International Acquires Quebec’s H.W. Hollinger (Canada) October 8, 2021 Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms...
Magnitude 5.7 Earthquake Hits Pakistan, Killing at Least 20 October 7, 2021 QUETTA, Pakistan – An earthquake of magnitude 5.7 hit southern Pakistan in the early hours of Thursday, killing 20 people,...
Nigerian Oil Producer Sues Shell for More Than $2B Over Ownership of Wells October 7, 2021 By William Clowes A Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells,...
Australia’s Top Law Officer Wants Defamation Rules Redrafted for Internet Age October 7, 2021 Australia’s top law officer has written to her state counterparts urging them to redraft the country’s defamation law after a...