Hamilton Launches New Bermuda Special Purpose Insurer Called ‘Ada Re’ November 23, 2020 Hamilton Insurance Group Ltd. announced the launch of Ada Capital Management Ltd., a Bermuda-regulated insurance agent authorized to underwrite on...
BMS Names Madell as Director in New Financial Lines Division November 23, 2020 BMS Group, the independent specialist re/insurance broker, announced the appointment of Chris Madell as director in BMS’ new Financial Lines...
Ping An’s Goal to Pivot from Finance Group to Tech Giant Is Now Threatened November 23, 2020 By Bloomberg News The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An...
Huge Vestas Wind Turbine Collapses in Northern Sweden in Rare Accident November 23, 2020 By Lars Paulsson A 230-meter tall wind turbine built by Vestas Wind Systems A/S collapsed at a site in northern Sweden over the...
Digital Lloyd’s Syndicate Ki Goes Live with List of Broker Trading Partners November 23, 2020 Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced the onboarding of its first trading partners to its...
UK Finance Minister Is Optimistic About Brexit Deal – But Not at Any Price November 23, 2020 British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that...
New Insurance Group Inigo Raises $800M of Capital; Founded by Former Hiscox Execs November 23, 2020 Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a...
Aon Hires Marsh’s O’Donnell as Client Director in PFI and Infrastructure Team November 20, 2020 Insurance broker Aon plc announced that Karen O’Donnell has been appointed as a client director within its Private Finance Initiative...
Insurtech Blink Launches Non-Damage Business Interruption Parametric Solution November 20, 2020 Irish insurtech Blink has launched a hurricane non-damage parametric insurance solution which provides liquidity to small and medium-sized businesses in...
South African Insurer Santam to Appeal COVID-19 Business Interruption Ruling November 20, 2020 Santam said on Friday it would appeal against a court ruling that found South Africa’s largest non-life insurer liable to...