Allianz finished acquiring majority stake in Tanzanian business of Jubilee
Allianz has finished acquiring its majority stake in Jubilee General Insurance Company of Tanzania.
Viewpoint: Global risks multiply
Agents and Brokers, Alternative Risk Transfer/Captives, Catastrophes, Coronavirus, Cyber Risks, Emerging Risks, P/C Insurers, P/C Pricing, Political Risk, Risk Management, Technology European Union, Russia Marsh & McLennan
StoneEagle reveals CTO transition
Last week, StoneEagle announced the transition of its chief technology officer, as Gary Peek will take on the role from Chris Tynes, who has been with the provider of F&I and service metrics reporting, menu sales tools, an F&I product … [Read More]
New York AG settles with 5 Nissan stores over end-of-lease infractions
Big Apple authorities determined end-of-lease transactions did not go as designed during a three-year period amid the pandemic. New York attorney general Letitia James last week announced settlements worth more than $1.9 million with five Nissan dealerships in New York … [Read More]
Citi digital asset co-heads quit for new venture
The co-heads of digital assets at Citi have both announced that they are leaving the bank to start a new venture in the crypto space.
ANZ staff learn of their dismissal in botched email
Senior staff in the retail division of ANZ learned of their forthcoming redundancy when they received an automated e-mail asking them to return their work laptops, before they had received any formal exit notice.
Student can pursue breach of contract suit related to COVID, online courses
Catastrophes, Coronavirus, Coverage Disputes, Emerging Risks
TNFD’s Simon Zadek on advancing the way nature is priced
Speaking with Finextra’s Richard Peers, Simon Zadek, co-chair for the technical hub of the Task Force on Nature-related Financial Disclosures (TNFD) and chair of the Finance for Biodiversity (F4B) initiative, discusses the different approaches sovereign debt, natural capital, nudging, and the role that F4B and the TNFD play in that.
Latin America’s reinsurance market sees deepening international interest: Howden Re
Latin America’s reinsurance market is attracting growing international interest, with an influx of new entrants and capital flowing into the region, including a noticeable rise in managing general agents (MGAs), according to Howden Re, the global reinsurance broking arm of Howden Group.
GBN Worldwide launches GBN Risk Solutions to facilitate international insurance business
GBN Worldwide, a global network of re/insurers, independent brokers, and specialty suppliers, has unveiled its latest venture, GBN Risk Solutions (GBN RS), a London-based independent broker and Managing General Agent (MGA).
Canada Life Re & Zurich appointed in UK pension longevity swap extension
The UBS (UK) Pension and Life Assurance Scheme is extending its longevity hedge by £0.5bn, and Mercer will continue to act as the lead commercial and investment adviser to the scheme’s Trustee.
Hub buys agency owned by former NFL quarterback
Agents and Brokers, Mergers and Acquisitions Hub International
EBA Clearing launches Sepa-wide Verification of Payee
EBA Clearing has launched a Sepa-wide Verification of Payee (VOP) service to help PSPs in Europe meet Instant Payment Regulation requirements.
AXA XL Reinsurance appoints Peter Kiernan and Simon Penney to new roles
AXA XL Reinsurance has appointed Peter Kiernan to be its new head of US property for Bermuda reinsurance.