Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking November 1, 2021 Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into...
Aon Founder Ryan Retired at 71, Then He Built a New $10B Business November 1, 2021 By Scott Carpenter By the time he stepped down from Aon Plc at age 71, Patrick Ryan had earned a retirement fit for...
UK Baker Greggs Files $137M Claim Against Zurich Over COVID-19 Payout November 1, 2021 By Bill Lehane UK baker Greggs Plc filed a $137 million (£100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement...
AXA Tightens Policy for Insuring, Investing in Oil & Gas Ahead of COP26 Summit November 1, 2021 By Sudip Kar-Gupta and Simon Jessop AXA, France’s biggest insurer, said on Friday it would tighten its policy regarding investing in and insuring the oil and...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership November 1, 2021 Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a...
Climate Protesters Spill 1,000 Liters of Fake Oil Outside Lloyd’s of London October 29, 2021 By Ryan Hesketh Climate protesters spilled a 1,000 liters (220 gallons) of fake oil outside Lloyd’s of London Friday, part of a campaign...
Flood Re Tours UK With ‘Floodmobile’ Before COP26 to Highlight Flood Resilience October 29, 2021 Flood Re, the joint initiative between the UK government and insurance industry to help make home flood insurance more affordable,...
Swiss Re Reports Better-Than-Expected Profit Despite Major Claims October 29, 2021 Reinsurance company Swiss Re said on Friday it swung to a better-than-expected net profit in the first nine months as...
Severe South Australia Storms Declared a Catastrophe by Insurance Council October 29, 2021 The Insurance Council of Australia (ICA) has declared an insurance catastrophe for parts of South Australia, which were hit by...
Amazon-Backed Indian Online Insurer Acko Valued at $1.1B in New Funding Round October 29, 2021 By Baiju Kalesh General Atlantic and local private equity firm Multiples Private Equity led a $225 million funding in Acko General Insurance, valuing...