Enstar Completes Purchase of Controlling Interest in Enhanzed Re From Hillhouse September 3, 2021 A unit of global insurer Enstar Group Limited has completed the repurchase of the entire 27.7% interest in Enhanzed Reinsurance...
AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion September 3, 2021 Insurance industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion...
Facebook’s WhatsApp to Appeal Ireland’s €225 Million Data Privacy Fine September 3, 2021 By Conor Humphries Ireland hit Facebook’s WhatsApp with a record 225 million euro ($266 million) fine on Thursday following an inquiry into the...
Alleged Sex Assault on Virginia School Band Trip Prompts Legal Split September 3, 2021 By Matthew Barakat The full panel of 15 appellate judges in Richmond has narrowly upheld a former northern Virginia high school student’s appeal...
One Dead, One Unaccounted for After Maryland Apartment Complex Floods September 3, 2021 The National Weather Service tentatively confirmed the touchdown of a tornado in Maryland’s Anne Arundel County early Wednesday afternoon as...
Death Toll Rises After Ida’s Remnants Hit Northeast September 3, 2021 By Mark Scolforo and David Porter The remnants of Hurricane Ida dumped historic rain over New York City, with at least nine deaths linked to flooding...
Willis Towers Watson Revamps Global Leadership September 3, 2021 Global insurance broker Willis Towers Watson, which ended merger talks with rival Aon in July, announced a new global leadership...
Amazon’s Solution to Delivery Driver Shortage: Recruit Pot Smokers September 3, 2021 By Spencer Soper Amazon.com Inc. has a solution for a potentially crippling shortage of delivery drivers: Recruit pot smokers. The company is advising...
India’s Data-Sharing System Promises to Open Finance to Millions September 3, 2021 By Saritha Rai India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over...
Reinsurer SCOR Restructures Group Leadership Team September 3, 2021 SCOR announced changes to its group executive committee, which aim to facilitate the reinsurer’s next phase of strategic development. SCOR...