RiverStone International completes acquisition of Catalina Insurance Ireland
RiverStone International, the largest provider of legacy solutions in the Lloyd’s market, has completed the acquisition of Catalina Insurance Ireland, an Irish insurance company regulated by the Central Bank of Ireland.
Captives set for continued growth: III economist
Alternative Risk Transfer/Captives, Auto liability, Catastrophes
Central Bank of Bahrain issues new actuarial directives for insurance firms
The Central Bank of Bahrain has issued new directives to insurance companies requiring the establishment of an internal actuarial unit within their organisation structure.
AI’s moment in auto lending: Balancing efficiency, oversight, ethical risk
Artificial intelligence is no longer a distant concept in auto lending — it’s here, embedded in workflows from loan origination…
NPA: ‘Tariffs are issue No. 1’ for manufacturers
COLUMBUS, OHIO — Potential uncertainty around how President Donald Trump’s tariffs are calculated is a top priority for powersport OEMs…
UK P&I Club appoints Richard Offord as Chief Executive of Singapore Branch
The UK P&I Club, a provider of protection and indemnity insurance to the global shipping industry, has announced the appointment of Richard Offord as Chief Executive of its Singapore Branch, effective 1 December 2024.
Bank of America backs Simply Asset Finance
The Bank of America has moved to support Simply Asset Finance, a fintech that focuses on lending to SMEs, with a loan facility worth up to $120 million.
Willis Towers Watson intends to avoid pay cuts: CEO
Agents and Brokers, Coronavirus, Employment Practices, Reinsurance Willis Towers Watson
Coinbase says crooks bribed workers for customer data in breach that could cost it $400m
Coinbase says that crooks bribed employees and contractors to steal customer data for use in social engineering attacks in an incident that may cost the crypto exchange up to $400 million to address.
Origin Specialty acquires agricultural-focused MGU AIMS
Origin Specialty Underwriters Agency, a partner company of Beyond Risk, has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused MGU.
Meeting due diligence requirements is akin to conducting an orchestra
Compliance officers in financial services should think of themselves as orchestra conductors, according to Charles Gaddy, co-founder of identity verification service company, Global Data Consortium.
Union files suit over CFPB shutdown
A labour union has filed lawsuits against Consumer Financial Protection Bureau acting director Russell Vought after he ordered staff to halt much of the watchdog’s activities.
BMS Re hires Swiss Re’s Daryl Polenz as EVP of Origination
BMS Re, the specialty reinsurance arm of global broker BMS Group, has appointed Daryl Polenz as Executive Vice President (EVP) of Origination, where he will work closely with Russ McGuire, Head of Origination.