Insurance Australia Group, AMMB Seek to Sell Their Malaysian Auto Insurer: Sources April 15, 2020 By Elffie Chew The owners of AmGeneral Insurance Bhd., Malaysia’s second-biggest auto insurer, have restarted a sale process and are seeking as much...
Willis Towers Watson’s Climate & Resilience Hub Taps Scott from BofE as Senior Director April 15, 2020 Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub. Scott...
QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties April 15, 2020 QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market...
Miller Launches Quote and Bind Platform for Yacht Insurance April 15, 2020 Miller Insurance Services LLP has launched a quote and bind platform called “Atlantic,” which aims to provide “a more sophisticated...
Europe Needs Its Own Approach to Coronavirus Tracing, Say German Tech Startups April 15, 2020 By Douglas Busvine Europe should not cede its sovereignty to Silicon Valley when it comes to using technology to help trace those at...
Cyber Criminals Increasingly Will Target Top Executives in Ransomware Attacks: Report April 14, 2020 Senior executives increasingly will be targeted by cyber criminals looking for ways to steal money from large corporations, according to...
Australia’s Westpac Expects $578M Fine for Money Laundering Linked to Child Abuse April 14, 2020 By Byron Kaye Australia’s Westpac Banking Corp said it expects a A$900 million ($578 million) fine over accusations it enabled millions of illegal...
BHSI Expands Cover for UK Financial Institutions with D&O and Civil Liability Policies April 14, 2020 Berkshire Hathaway Specialty Insurance (BHSI) has introduced two new policies tailored specifically for UK financial institutions: Professional First Financial Institutions...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
India’s Future Group to Sell Stake in Insurance Joint Venture with Generali April 13, 2020 By Baiju Kalesh India’s Future Group has picked UBS Group AG to lead the sale of its stake in an insurance joint venture...