Brazilian healthcare services provider NotreDame Intermédica Sistema de Saude SA has hired banks to manage its initial public offering, which could be launched with a series of investor meetings as early as this week, two people with direct knowledge of …
Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters. The financial terms of the transaction were not disclosed. Since its founding in 1996, Creechurch has built a strong reputation for providing …
The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five. Members of the B3i initiative are collaborating to explore the …
Marsh has launched Marsh CyberShield, an exclusive cyber risk and data breach insurance policy for mid- to large-sized organizations. Available globally to Marsh clients outside of the US, Marsh CyberShield can provide up to £500 million ($624 million) in cover …
Fish distributor Deutsche See is suing Volkswagen for misrepresenting a fleet of vehicles it leased as environmentally friendly, becoming the first major German customer to sue Europe’s biggest carmaker over its diesel-test cheating. Volkswagen already faces numerous lawsuits from individual …
Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital threats as serious risks, a report showed. In the event …
The City of London offers financial services that benefit Europe as a whole and the European Union should recognize that in a “reasonable” Brexit deal with Britain, German Finance Minister Wolfgang Schaeuble said in a newspaper interview. “We don’t want …
Intesa Sanpaolo SpA said it’s weighing a potential takeover of Assicurazioni Generali SpA and described a possible bid as a “case study” that is only one of many options the Italian bank is considering. The Turin-based bank responded in a …
More than 100 workers, including three Japanese, were injured and at least three were missing in a fire that hit a huge factory south of Manila and sent thousands of employees running to safety, an official said Thursday. The fire …
UK motor insurance premiums hit their highest recorded levels in the fourth quarter of 2016 and rose more than five times the rate of inflation in 2016, as tax increases, increased repair costs and the rising costs of whiplash-style injury …
