Private Equity Firm Aquiline Closes Investment in Dutch Broker Quintes Holding July 20, 2020 Aquiline Capital Partners, a global private investment firm specializing in financial services and technology, announced it has closed its investment...
Swiss Re Appoints Bewersdorf as CEO of iptiQ, Its Digital Insurance Platform July 20, 2020 Swiss Re announced it has appointed Carlo Bewersdorf as CEO of iptiQ, its digital platform. Bewersdorf will start in this...
Aviation Broker Piiq Risk Partners Receives License to Operate in France July 20, 2020 Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s...
SoftBank-Backed Indian Fintech Startup Seeks IPO Valuation of More Than $3.5B July 20, 2020 By Saritha Rai Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
China to Offer Additional Insurance, Financial Support for Flood-Hit Regions July 20, 2020 China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for...
China Regulator Raises Cap on Equity Investments Made by Domestic Insurers to 45% July 20, 2020 China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in...
Canadian Insurer Manulife Plans to Increase Diversity by 30% Within 5 Years July 20, 2020 Manulife Financial Corp said on Friday it was making a push to increase the representation of minorities across its North...
China Takes Over Insurers, Other Firms Linked to Financier Missing Since 2017 July 17, 2020 Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a...
Coronavirus Claims of Estimated €80B Are ‘Manageable’ for Europe’s Insurers: Moody’s July 17, 2020 The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in...