by AIP Online Bureau | Nov 23, 2020 | International News, Non-Life, Reinsurance
HAMILTON, Bermuda: Hamilton Insurance Group Ltd. announced the launch of Ada Capital Management Ltd., a Bermuda-regulated insurance agent authorized to underwrite on behalf of Ada Re, a new Bermudian special purpose insurer. Ada Re has successfully secured...
by AIP Online Bureau | Nov 23, 2020 | Intermediaries, International News, Non-Life, Risk Management, Technology
London: Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd’s coverholder. Safeonline offers a range of product lines including cyber and tech,...
by AIP Online Bureau | Nov 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain’s hands in the future. Sunak, one of the few members...
by AIP Online Bureau | Nov 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
LONDON: Newly formed Lloyd’s of London insurer Inigo said on Monday it had raised $800 million from a group of investors including Qatar Investment Authority and Canada’s Caisse de dépôt et placement du Québec. Inigo is founded...
by AIP Online Bureau | Nov 23, 2020 | Eco/Invest/Demography, International News, Policy, Technology
The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An Insurance (Group) Co. — to pivot from a finance group to a tech giant and be valued like one. While Ping An’s Lufax...
