Top African Insurer Sanlam Refocuses on Home Market After 2018 Acquisition Misfires October 23, 2020 By Roxanne Henderson Paul Hanratty, the new chief executive officer of Sanlam Ltd., is refocusing on the South African insurer’s home market and...
PartnerRe Appoints Hiscox’s Hughes as CEO Third Party Capital October 22, 2020 PartnerRe Ltd. announced that Andrew Hughes will join PartnerRe in the new role of CEO, Third Party Capital, subject to...
Argo Group Estimates $71M in Catastrophe, COVID Losses During Third Quarter October 22, 2020 Argo Group International Holdings Ltd. announced that its results for the third quarter of 2020 will be adversely affected by...
Talanx Acquires Italian Non-Life Insurer Amissima October 22, 2020 The Talanx Group, the Hanover, Germany-based insurance group, announced it is expanding its business in Italy by making a bolt-on...
Hurricane Epsilon, 10th of Season, Expected to Approach Bermuda Tonight October 22, 2020 Hurricane Epsilon, the 10th of this very busy Atlantic season, was moving toward Bermuda on Wednesday. Epsilon is expected to...
Lloyd’s Approves Syndicate-in-a-Box, Picnic Syndicate 2460, to Support Mutuals October 22, 2020 Asta, the third-party managing agent at Lloyd’s, announced the Council of Lloyd’s granted in-principle approval for the launch of Picnic...
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO October 22, 2020 By Colin Qian, Julie Zhu and Meg Shen China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai...
Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies October 22, 2020 By Sinead Cruise Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims...
Munich Re Reports €800M of COVID-19-Related Losses During Q3 October 21, 2020 Munich Re reports approximately €800 million (US$935 million) in COVID-19-related losses in reinsurance during the third quarter. The losses were...
Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine October 21, 2020 By Anthony Esposito and Adriana Barrera Mexico’s government could absorb some liabilities arising from unexpected side effects of COVID-19 vaccines but is not considering creating a...