Billionaire Del Vecchio Seeks to Raise Stake in Generali’s Biggest Investor, Mediobanca June 1, 2020 By Tommaso Ebhardt and Sonia Sirletti Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking...
K2 Insurance Services Launches International Re/insurance Platform in London June 1, 2020 K2 Insurance Services, the underwriting and distribution specialist in the U.S. program insurance market, announced the launch of K2 International,...
UK Broker SSL Endeavour Rebrands as Oneglobal Broking June 1, 2020 The UK broker SSL Endeavour has rebranded as Oneglobal Broking. The business is led by Chairman Jonathan Palmer-Brown and Chief...
Pandemic-Hit Re/insurers Expect a Costly Hurricane Season – and Rates Are Rising June 1, 2020 By Carolyn Cohn The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already...
British Regulator Enlists 8 Insurers in Pandemic Test Case of Business Interruption Cover June 1, 2020 By Huw Jones and Carolyn Cohn Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should...
Coronavirus Could Complicate Hurricane Response, Warns Catastrophe Modeler June 1, 2020 By Kimberly Tallon “Hurricanes and COVID-19 are not a good mix,” says catastrophe modeling firm Karen Clark & Co., warning in a report...
Insurer Group Has Issue with Colorado Insurance Department’s COVID-19 Memo May 29, 2020 By Don Jergler The American Property Casualty Insurance Association is taking issue with tentative plans by the Colorado Department of Insurance to halt...
Insurance Survey Asks: How Is Pandemic Affecting Your Life, Your Work, Your Industry? May 29, 2020 How is the coronavirus pandemic affecting you and your work? Now and going forward? No matter where you work in...
Swiss Re Corporate Solutions Launches Parametric Product for Hail-Prone States May 29, 2020 Swiss Re Corporate Solutions (SRCS) has expanded its parametric offering with the launch of HAIL, a parametric hail insurance cover....
AssuredPartners Acquires Cypress Insurance Group of Florida May 29, 2020 AssuredPartners, Inc. has acquired Cypress Insurance Group, Inc. of Fort Lauderdale, Fla. The team of 20 will remain under the...