Category 4 Hurricane Eta Makes Landfall in Nicaragua, with Dangerous Floods Expected November 4, 2020 Hurricane Eta has made landfall in northern Nicaragua as a Category 4 storm, with life-threatening flood from rainfall predicted for...
AGCS Names Generali’s Baker as Regional Head of Liability for London, Nordics Unit November 4, 2020 Allianz Global Corporate & Specialty (AGCS) announced the appointment of Luke Baker as the new regional head of Liability for...
China’s Shock Suspension of Ant Group’s Listing Set to Hit Business Valuation, Growth November 4, 2020 By Scott Murdoch and Kane Wu China’s surprise suspension of Ant Group’s record $37 billion listing is likely to delay rather than destroy its chances of...
BMS Appoints Massis as Chairman of Australian Affinity Business November 4, 2020 BMS Group, the London-based independent specialist re/insurance broker, announced the appointment of Cris Massis as chairman of BMS’s Australian affinity...
Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers November 3, 2020 Sweden’s largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the...
Update: China Suspends Ant Group’s $37 Billion IPO November 3, 2020 By Julie Zhu, Meg Shen and Greg Roumeliotis HONG KONG/NEW YORK — China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut...
Analysts, Investors React to China’s Suspension of Ant Group’s Mega IPO November 3, 2020 China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to...
Arch Capital to Buy Watford for $700M in Cash, with Support from Former Rival Enstar November 3, 2020 By L.S. Howard Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of...
Nigerian Insurers Expect Record Claims from Police Brutality Protests November 3, 2020 By Emele Onu Nigerian insurers are facing their biggest claims on record after protests against police brutality turned violent, leading to large-scale looting...
UK Supreme Court to Hear Appeal of COVID Business Interruption Test Case on Nov. 16 November 3, 2020 The UK Supreme Court will hear an appeal on Nov. 16 of the Financial Conduct Authority’s (FCA) test case over...