Cryptoasset Insurer Evertas Receives License to Operate in Bermuda June 10, 2020 Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations...
Lloyd’s Insurer Lancashire Holdings Raises US$352M to Target Hard Market Opportunities June 10, 2020 Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new...
Fidelis Insurance Raises $500 Million of Equity Capital for Growth in Hardening Market June 10, 2020 Fidelis Insurance Holdings Ltd. announced it has raised $500 million of equity capital from existing investor relationships. On top of...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Captives Can Be an Insurtech Accelerator June 10, 2020 By Stephen R. DiCenso With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had...
Zurich Insurance Forms New Legal Panel for Large and Complex Claims in EMEA June 9, 2020 Zurich Insurance Group has introduced a new legal panel to provide advice on the management of large and complex claims...
Lloyd’s Launches Application Program Interface (API) to Enhance Electronic Placements June 9, 2020 Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters...
HDI Global Specialty Launches London Political & Credit Risk Team with Hires from Neon June 9, 2020 HDI Global Specialty SE, the specialty lines insurer, has launched a Political and Credit Risk team in London with the...
It’s Business as Usual for Genworth After Canadian Rule Change for Mortgage Insurance June 9, 2020 Genworth MI Canada Inc, which runs the largest Canadian private residential mortgage insurer, said on Monday it has no plans...
Germany’s Rhine River at Dangerously Low Levels, Which Could Disrupt Shipping June 9, 2020 By Jack Wittels and William Wilkes Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades, prompting fears of...