Ant Group’s Massive, Suspended IPO May Not Be Revived Until 2022 November 30, 2020 By Bloomberg News The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are...
Lloyd’s Gets Nod to Transfer European Policies to Lloyd’s Europe in Time for Brexit November 30, 2020 Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales...
HDI Global Specialty Renews Agreement with German MGA AMANIKI November 30, 2020 HDI Global Specialty SE has announced the renewal of its underwriting agency agreement with German M&A insurance specialist MGA, AMANIKI....
Ki Syndicate 1618 Binds 1st Risk with AmWINS’ Broking Unit THB November 30, 2020 Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced it has bound its first risk with THB, the...
AXA Sells Persian Gulf Business for $269 Million to Kuwaiti-Based Group November 30, 2020 By Nicolas Parasie AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts...
Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit November 30, 2020 By Boris Groendahl and Colin Keatinge Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy...
Europeans Buy Older Cars to Avoid Public Transport During Pandemic November 30, 2020 By Nick Carey and Inti Landauro LONDON/MADRID – Want a cheap used car to nip around town without running the gauntlet of coronavirus on public transport?...
AIA Cuts Coal Investments as Scrutiny Grows on Financial Firms’ Carbon Assets November 25, 2020 By Bei Hu AIA Group Ltd. said it’s paring coal-related investment as financial firms globally face pressure to reduce their carbon assets. The...
Established Insurers Could See Market Share Squeezed by Fintechs, EU Says November 25, 2020 By Carolyn Cohn Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the...
Private Equity Investors Pelican Ventures, J.C. Flowers Complete Ariel Re Deal November 25, 2020 Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group....