Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings S.A. under which Eurobank or one of its affiliates will acquire Fairfax’s 80% stake in the life insurance business of Eurolife FFH Insurance Group Holdings S.A. for a cash consideration of €813 million.
Global catastrophe modeling company, KatRisk, has announced the appointment of Jeffrey Chen as its new Chief Executive Officer (CEO), based out of San Francisco.
Global MGA incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK managing general agent (MGA) expected to go live in early 2026.
The National Insurance Crime Bureau (NICB) has said that casualty insurers paid out between $4.6bn and $9.2bn extra in 2021 due to insurance fraud.
The European Commission has cleared the way for Covéa to acquire PartnerRe.
Cloud-based location intelligence platform, Addresscloud has hired flood modelling specialist Jill Boulton as an independent consultant.
Insurance Commissioner Ricardo Lara has released a comprehensive report revealing $7.7 billion in losses from extreme heat events in California, highlighting the urgent need for adaptive strategies to address this growing threat.
Global insurer Chubb has named Seth Gillston as Executive Vice President (EVP), Head of North America Industry Practices. He will be based in New York City, with a reporting line to John Lupica, Vice Chairman, Chubb Group and President, North America Insurance.
Catastrophe Modeling, Catastrophes, Disaster Management, Financial Results, P/C Insurers The Hartford Insurance Group Inc.
Coverage Disputes, General liability, P/C Insurers, Property
Newline has appointed Andrew Pecover as its new Chief Underwriting Officer (CUO).
