MGAs: An All-Weather Distribution Channel for Soft and Hard Markets September 15, 2022 By L.S. Howard Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market...
People: IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London; Gallagher Re Names Swiss Re’s Choniski as Head of Embedded Insurance September 15, 2022 IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London Property and specialty re/insurer IQUW has named Dan Warburg as its...
Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions September 15, 2022 By Áine Quinn and Alberto Nardelli A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after...
Fire at E-scooter Showroom in India Kills 8, Adding to Vehicles’ Safety Concerns September 15, 2022 MUMBAI – A fire that started at an electric scooter showroom in India killed at least eight people and injured...
Singapore Plans Financial Services Overhaul to Boost Sustainable Finance, Reinsurance September 15, 2022 By Chen Lin Singapore announced plans on Thursday to overhaul its financial services industry by 2025 in a bid to cement its position...
Lloyd’s Gives Green Light to Asta-Managed Trium Cyber Syndicate 1322 September 14, 2022 Asta, the third-party managing agent at Lloyd’s, announced that Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican...
Typhoon Muifa Pounds Eastern China With Strong Gales, Rain September 14, 2022 Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port...
Acrisure Receives Nod From Lloyd’s to Launch Syndicate 1985, Managed by Asta September 14, 2022 Asta, the third-party managing agent at Lloyd’s, and Acrisure announced that Lloyd’s has granted “in principle” approval for the launch...
Hong Kong Insurer FWD Refiles Application for Hong Kong IPO, Eyeing 2023 Listing September 14, 2022 By Manuel Baigorri FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong...
Montenegro Wrestles With Massive Cyberattack, Russia Blamed September 14, 2022 At the government headquarters in NATO-member Montenegro, the computers are unplugged, the internet is switched off and the state’s main...