China unveiled plans on Friday to allow more foreign investment in banking, insurance, securities and credit-rating firms, as part of a wider opening up of the world’s second-largest economy. The moves could ease some frustration among foreign firms over their …
Markel International, the London-based specialist insurer, has appointed Lynette Brown as underwriter in its livestock team and Emilie Larson as underwriting assistant for the equine team. Brown has over 10 years’ experience in livestock insurance, most recently as livestock underwriter …
Randall & Quilter Investment Holdings Ltd. announced the novation of reinsurance policies issued between 2002 and 2016 by Georgia Atlantic Insurance Ltd. (GAIL) for workers’ compensation, general liability, auto liability and auto property damages. GAIL is a wholly owned, Bermuda-based …
XL Catlin’s insurance operations in Germany have announced the addition of a stand-alone clinical trials solution for life science clients. Life science companies are operating in an increasing complex and litigious environment, the company said in a statement. “They are …
German fintech company N26, which made its name mocking traditional banks, has found itself on the receiving end of criticism after a security researcher proved its smartphone apps exposed users to potential account hijacking. N26, previously known as Number26, has …
One third (33 percent) of Canadians admit they have texted while stopped at a red light in the last month, reveals a poll from the Canadian Automobile Association (CAA). That is despite evidence that your mind could still be distracted …
Hannover Re received approval, known as R3 authorization, to establish a branch in India from the Insurance Regulatory and Development Authority of India (IRDAI). The opening up of the Indian market to foreign reinsurers enables Hannover Re to enjoy direct …
The Philippine coast guard pressed its search Tuesday for 18 crewmen from a cargo ship that sank at the height of Typhoon Nock-Ten, which struck the country on Christmas Day. Coast guard spokesman Armand Balilo said 14 other crewmen have …
Fairfax Financial Holdings Ltd., the Canadian insurer that made its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in Africa. The company is seeking to raise as much as …
NN Group NV agreed to buy Delta Lloyd NV for about 2.5 billion euros ($2.6 billion) after its earlier offer for the Dutch insurer was rejected. NN offered 5.40 euros a share in cash for Amsterdam-based Delta Lloyd, the companies …
