September 28, 2023
Howden Tiger, the reinsurance broking arm of Howden, the global insurance group, announces that Tim Ronda, currently President, Howden Tiger, will take over as CEO on 1 January 2024. Ronda will report to David Howden, CEO, Howden. Ronda will continue …
September 28, 2023
Indian authorities sent a $208 million tax demand to a private insurer, the latest in a growing list of firms slapped with similar notices as the government intensifies its crackdown on alleged evasion. ICICI Lombard General Insurance Co. Ltd. received …
September 28, 2023
United Insurance Brokers (UIB), the London-based international re/insurance broker, has announced an agreement to create two new companies in Peru, expanding the UIB Group footprint in South America. UIB has taken an equity stake in the two Peruvian brokers. Financial …
September 28, 2023
A factory fire at iPhone assembler Pegatron India was sparked by a short-circuit after an electrical switch was left on, following testing of the devices as they were being put together, two sources briefed on the matter told Reuters. The …
September 28, 2023
Bold Penguin has partnered with NEXT Insurance, a leading technology-first small business insurer, to enhance small business coverage options on the Bold Penguin Terminal. Per a press release, through this partnership, Bold Penguin users will gain access to NEXT’s General …
September 28, 2023
GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be valued at up to $16 billion, including debt, in any transaction, according to people with knowledge of the matter. The …
September 28, 2023
A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors and …
September 28, 2023
Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country’s departure from the European Union. Brexit has cut off Britain’s finance industry, which accounts …
September 28, 2023
Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave. States are increasingly passing biometric laws to prevent companies from collecting and disseminating data such as …
September 28, 2023
Marsh McLennan wants the Second Circuit appeals court to reconsider its August decision that overruled a district court and reinstated a former employee’s lawsuit against the company over a 2021 data breach. Marsh McLennan (MMC) asserts that the employee lacks …