WORLD INSURANCE
DARAG announced reinsurance agreement with US retailer
DARAG Group (“DARAG”), a leading legacy acquirer, announced the conclusion of a transaction with a major US retailer to provide…
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TigerRisk Names Glyn Ridpath a Partner in Casualty Practice
Broker/adviser TigerRisk announced it has appointed Glyn Ridpath a partner in the company’s fast-growing Casualty Practice. Based in London, he…
Insurance firm told to pay ₹1.75 cr. to owners of shipping vessel
The National Consumer Disputes Redressal Commission here directed an insurance company to compensate ₹1.75 crore to owners of a shipping…
Amid Global Volatility, Marine Insurers Are Prioritizing Data Management
Recent events such as the COVID-19 pandemic and explosion in Beirut have underscored the need for marine insurers to develop…
Premia Holdings Expands Reinsurance Capacity with Formation of Elevation Re
Premia Holdings Ltd. announced the formation of Elevation Re (SPC) Ltd., a sidecar vehicle which will provide collateralized reinsurance support…
Generali agreed to buy AXA's greek unit for $203 million
AXA announced that it has entered into an agreement with Generali to sell its insurance operations in Greece. Under the…
Nexus Completes Acquisition of Hiscox MGA Marine Business
Independent specialty managing general agent (MGA) Nexus Group announced it completed the acquisition of the Hiscox MGA Marine business (HMM)…