Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
South African Insurer Discovery Says Ping An Investment Costs May Mean Capital Raise September 2, 2021 By Emma Rumney South African insurer Discovery scrapped its annual dividend again on Thursday and said it may have to raise equity capital...
Singapore Exchange Looks to Tap Into SPAC Trend by Relaxing Rules September 2, 2021 By Anshuman Daga Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures...
German Insurers’ 2021 Claims Could Reach €11.5B ($13.6B) After Floods, Hail September 2, 2021 German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s...
People Moves: Former Hamilton Execs Glover, White to Mosaic; Alta Signa Hires AIG’s Lange as Snr. U/W; BHSI Names QBE’s Gállegos as Mgr. for Spain September 2, 2021 This edition of International People Moves details appointments at Mosaic Insurance with London-based roles, MGA Alta Signa with a role...
Horton Becomes QBE’s CEO; SiriusPoint’s Gibbons Named Head of QBE Re Bermuda September 2, 2021 Andrew Horton, the former CEO of Beazley, officially became QBE’s new group CEO on Sept. 1 – an appointment that...
Ardonagh Advisory Acquires UK Medical Insurance Broker, Usay Group September 1, 2021 Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired Usay Group Ltd., one of the...
Beazley Out as Reinsurer MS Amlin’s CEO; Successor CEO Selected But Not Named September 1, 2021 Global reinsurer MS Amlin AG announced that Christopher Beazley has stepped down as chief executive officer. According to the announcement,...
Milan’s 20-Story Building Blaze Recalls London’s Grenfell Tower Cladding Questions September 1, 2021 By Colleen Barry Italian firefighters tackled hot spots Monday in a 20-story apartment building in Milan that was destroyed by fire but said...
Securities Regulators Join Global Network to Explore SPACs September 1, 2021 By Kiuyan Wong Global regulators are teaming up to explore how to regulate blank check company listings after the vehicles earlier this year...