Global insurer American International Group, Inc. (AIG) has closed its previously announced sale of approximately 120 million shares of its Corebridge common stock to Nippon Life Insurance Company.
Excess and Surplus Lines, P/C Insurers, Technology
Lloyd’s, the world’s oldest insurance and reinsurance marketplace, has partnered with Sherbro Alliance Partners (SAP) to support economic resilience and growth opportunities on Sherbro Island, Sierra Leone. The partnership was cemented by the signing of a Memorandum of Understanding (MOU) at the Lloyd’s iconic headquarters in London.
German fintech lemon.markets is entering the Brokerage-as-a-Service segment with its first banking partner, sustainable banking provider Tomorrow, moving across from Solaris.
Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end…
Creditors of PrimaLend, which provides financing to auto dealerships that cater to subprime borrowers, are weighing pushing the firm into…
America’s Car-Mart employed enhanced underwriting standards across nearly 72% of its portfolio in the first quarter as the retailer focused…
Cyber Risks, Emerging Risks, P/C Insurers, Technology
EPIC Insurance Brokers & Consultants, a retail risk management and employee benefits insurance brokerage and consulting firm, has appointed Kristy Neal as Senior Vice President (SVP), Strategic Development within its Transportation & Logistics practice.
Financial services firms must evolve their mindsets to both manage risk effectively and to ensure that the industry meets sustainable goals, according to Sandy Trust, sustainable finance consulting lead at EY and deputy chair of the IFOA’s Sustainability Board.
US clearing house Nacha is working with JP Morgan’s Kinexys blockchain business to facilitate information exchange between their respective payment information networks.
Generali Group has announced a significant evolution of its organisational structure, naming Giulio Terzariol as Direttore Generale – Group Deputy CEO.
