Robinhood goes live across the UK
Stock market investment app Robinhood has marked its launch in the UK with the erection of an eight-foot-tall Robin Hood statue firing an arrow in the direction of the Bank of England.
Stable commercial rates expected, despite Helene
Agents and Brokers, Auto liability, Catastrophes, D&O, General liability, P/C Insurers, P/C Pricing, Property, Workers Comp Pricing Hub International
Skyward Specialty secures regulatory approval to acquire Apollo
Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders’ approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited.
Bermuda market now backs nearly a third of UK terrorism risk: ABIR
Bermuda re/insurers now back nearly a third of terrorism risk in the UK by supplying retrocession to Pool Re, according to data from the Association of Bermuda Insurers and Reinsurers (ABIR).
Japanese property insurers likely to withstand losses despite Noto Peninsula Earthquake: GlobalData
Property insurers in Japan are expected to maintain profitability in 2024 despite the 7.6 magnitude earthquake that struck Noto Peninsula at the start of the year, and caused insured loss of around $6 billion, according to GlobalData.
Zurich appoints Swiss Re’s Claudia Cordioli as Group CFO
Global insurer Zurich Insurance Group has appointed Claudia Cordioli as the Group’s Chief Financial Officer (CFO) and member of the Executive Committee, effective from March 1st, 2024, subject to regulatory approval.
Sompo, vendors partner on cyber services
Cyber Risks, Emerging Risks, Excess and Surplus Lines, Technology
NYC Council member pushes e-bike registration
A quiet war is being fought in New York over e-bike registrations. New York City Council member Robert Holden and…
Synpulse names Jieke Pan as Chief Technology Officer to drive global engineering efforts
Synpulse, a consultancy specialising in the financial services sector, is pleased to announce the appointment of Jieke Pan as its new Chief Technology Officer (CTO).
Chase Auto mulls buy box expansion
Chase Auto could expand its credit buy box to meet consumer demand if macroeconomic conditions continue to contribute to weakening…
Banked acquires VibePay
Banked has acquired UK-based consumer payments app VibePay, to drive Pay by Bank adoption through consumer and merchant incentives.
Western Union to buy Singapore mobile wallet Dash
Western Union has struck a deal to buy mobile wallet Dash from Singaporean telco Singtel. Financial terms were not disclosed.
Mosaic adds continuous monitoring with AuditF&I
This week, Mosaic Compliance Services launched AuditF&I, a new continuous monitoring solution for U.S. auto, RV, motorcycle, powersports and marine dealerships. The announcement follows the merger of Mosaic with gvo3 & Associates, a leading auditing services provider. In addition to … [Read More]
AM Best downgrades credit ratings of Tower Hill Prime
AM Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good), and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” (Good) from “bbb” (Good) of Tower Hill Prime Insurance Company (Tower Hill Prime).