Aon plc has launched a risk management solution designed to help organizations prepare for a new data protection law due to come into force on May 25, 2018. The law, known as the EU General Data Protection Regulation, or GDPR, …
Global Indemnity plc has completed its redomestication from Ireland to the Cayman Islands. As previously announced, the name of the new holding company is Global Indemnity Ltd. Global Indemnity Ltd. is registered with the Securities and Exchange Commission under the …
Randall & Quilter Investment Holdings Ltd. has entered into an arrangement with the Law Society of Ireland in respect of the run-off obligations of the Solicitors Mutual Defence Fund (SMDF). SMDF was established in 1987 as a mutual fund to …
Hyperion Insurance Group, the London-based insurance intermediary group, announced that Talbir Bains, CEO and CUO of DUAL Group, the underwriting arm of Hyperion, has decided to step down from his role at the end of January 2017. Bains joined DUAL …
Lloyd’s of London has secured approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), to provide onshore reinsurance services in India. The decision means that the Lloyd’s market is now in a position to set up …
Tesco Bank, the lending arm of the U.K.’s biggest grocer, said it suspended online transactions after about 20,000 customers had money fraudulently taken from their accounts. About 40,000 of the bank’s 136,000 checking account holders experienced suspicious transactions over the …
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies’ technology and hamstring their operations in the world’s second-largest economy. The Cyber Security Law was passed by the Standing Committee of the National …
Greenlight Reinsurance Ltd. has been seeking to improve underwriting results after months of losses. But it apparently hasn’t moved fast enough for A.M. Best, which slapped it with credit ratings downgrades. A.M. Best said it downgraded the financial strength rating …
Arthur J. Gallagher has appointed industry stalwarts Rupert Boyle and Nick Ollerenshaw as executive directors, aiming to deepen its specialist capabilities in credit and political risks insurance. They report to Mark Gubbins, managing director of the specialist Structured Credit & …
ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co. Ltd. (also known as “ZhongAn Technology”), will explore innovation for its …
