Greenhouse Gas Levels Hit Record in 2021 as World Fails to Cap Rising Temperatures October 25, 2021 By Emma Farge and Gerry Mey GENEVA/GLASGOW – Greenhouse gas concentrations hit a record last year and the world is “way off track” on capping rising...
Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion October 25, 2021 Digital insurer Getsafe has received its insurance license from Germany’s financial regulator, BaFin. The license will allow Getsafe to accelerate...
EXOR Restarts Talks With Insurer Covéa Over Scrapped $9B Sale of PartnerRe: Report October 25, 2021 EXOR, the holding company of Italy’s Agnelli family, has restarted talks with French insurer Covéa over a possible sale of...
Berkshire Hathaway to Tender Stake in Italy’s Cattolica Under Generali Takeover Offer October 22, 2021 MILAN – Warren Buffett’s Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
Guy Carpenter Launches Global Insurtech Center of Excellence October 22, 2021 Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center...
People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W October 22, 2021 This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these...
Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch October 22, 2021 Bermuda’s advantageous tax status for the re/insurance industry will be reduced at the margin with the expected passage of the...
Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks October 22, 2021 Insurance broker Aon and cyber security specialist Cybereason announced an alliance to help protect clients from sophisticated cyber attacks. Cybereason’s...
Employers in Qatar to Be Required to Provide Health Insurance for Expatriates October 22, 2021 DOHA – Employers in Qatar will be required to provide health insurance coverage for expatriates and their families under a...