Global Reinsurance Rates, Demand to Continue Rising in 2022 September 7, 2021 By Carolyn Cohn Global reinsurance rates are likely to continue rising next year after several years of increases, though the pace of increase...
German Regulators Begin Investigation Into Allianz U.S. Investment Funds September 7, 2021 By Tom Sims German regulators have launched an investigation into the country’s biggest financial company, Allianz, after the demise of some of its...
German Climate Groups Plan Legal Action Against Automakers, Wintershall September 7, 2021 Greenpeace and German environmental NGO Deutsche Umwelthilfe (DUH) will take legal action against BMW, Daimler’s Mercedes-Benz , Volkswagen and gas...
Trinidad and Tobago Gets CCRIF Payment of $2.4M for August Heavy Rains, Flooding September 7, 2021 The Caribbean Catastrophe Risk Insurance Facility has made a payout of approximately US$2.4 million to the government of Trinidad and...
Vantage Expands Into Healthcare, Excess Casualty in Bermuda, U.S. September 6, 2021 Bermuda’s Vantage Group Holdings Ltd. is introducing new product offerings in healthcare and excess casualty. Vantage was established in late...
Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters September 6, 2021 Renaissance Insurance Group is planning to hold an initial public offering on the Moscow Exchange potentially as early as this...
People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
Enstar Completes Purchase of Controlling Interest in Enhanzed Re From Hillhouse September 3, 2021 A unit of global insurer Enstar Group Limited has completed the repurchase of the entire 27.7% interest in Enhanzed Reinsurance...
Facebook’s WhatsApp to Appeal Ireland’s €225 Million Data Privacy Fine September 3, 2021 By Conor Humphries Ireland hit Facebook’s WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the...
Willis Towers Watson Revamps Global Leadership September 3, 2021 Global insurance broker Willis Towers Watson, which ended merger talks with rival Aon in July, announced a new global leadership...