Broker Aston Lark Announces 40th Acquisition Since 2018 Launch October 20, 2021 Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in...
Great Shakeout Highlights Dwindling Missouri Earthquake Insurance Market October 20, 2021 By Ezra Amacher Millions of Americans will participate in the Great Shakeout on Oct. 21, a day designated to earthquake education and awareness....
Munich Re Doubles Q3 Profit Despite Big Storm Losses in Europe, U.S. October 20, 2021 German reinsurer Munich Re doubled its profit in the third quarter, despite big losses from storms in Europe and the...
Re/Insurers Need a Data Strategy to Build Underwriting Transformation Programs October 20, 2021 By Sachin Kulkarni Years of low interest rates and burgeoning catastrophe losses have accelerated the hardening of the reinsurance market, as the January...
Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
People Moves: Sayata, Willis Towers Name New SE Directors October 20, 2021 The insurtech Sayata, which provides software for the quote-bind-issue process for brokers and carriers, announced Lisa Sanders will serve as...
Georgia Regulators Can’t Track Overdue Elevator Inspections October 20, 2021 Elevators across Georgia may be long overdue for safety inspections, but regulators have no way to know, thanks to a...
Investment Company JAB to Acquire Majority Stake in UK Pet Insurer, Cardif Pinnacle October 20, 2021 Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle. Cardif Pinnacle’s current...
Coverys Launches European Casualty MGA, AEC Europe October 20, 2021 Coverys European Holdings (CEH), a leading underwriting vehicle that invests in speciality managing general agencies in Europe and the UK,...
Lockton Launches Silent Cyber Property Solution for Businesses October 20, 2021 Lockton, the privately-owned independent insurance broker, has launched its Silent Cyber Property Solution, a standalone policy that covers businesses against...