News Archives - Insurance Journal

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2 03, 2023

People Moves: Ashley Promoted to Division President of Chubb Tempest Re Int’l; Argenta Taps TMK’s Groves as Head of Cyber; Mosaic Hires Chief People Officer

By | March 2nd, 2023|Uncategorized|Comments Off on People Moves: Ashley Promoted to Division President of Chubb Tempest Re Int’l; Argenta Taps TMK’s Groves as Head of Cyber; Mosaic Hires Chief People Officer

This edition of International People Moves details appointments at Chubb Tempest Re, Argenta Syndicate Management Ltd., and Mosaic Insurance. A summary of these new hires follows here. Ashley Promoted to Division President of Chubb Tempest Re Int’l, Succeeding Roberts Chubb …

2 03, 2023

Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO

By | March 2nd, 2023|Uncategorized|Comments Off on Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO

F88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution network and digital business ahead of a planned initial public …

2 03, 2023

Thousands of Michigan Residents Without Power After Back-to-Back Ice Storms

By | March 2nd, 2023|Uncategorized|Comments Off on Thousands of Michigan Residents Without Power After Back-to-Back Ice Storms

The power in Leah Thomas’ Beverly Hills, Michigan, home went out about 9 p.m. last Wednesday. It was back on Sunday evening but was lost again the next day. And like thousands of Michigan residents left in the dark following …

2 03, 2023

Russia Accuses West of ‘Shamelessly Burying’ Black Sea Grain Deal

By | March 2nd, 2023|Uncategorized|Comments Off on Russia Accuses West of ‘Shamelessly Burying’ Black Sea Grain Deal

Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural products from its southern ports, the RIA Novosti news agency reported. While remaining in the …

2 03, 2023

Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO

By | March 2nd, 2023|Uncategorized|Comments Off on Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO

Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering of its common shares. The number of common shares to be offered and the …

2 03, 2023

Ex-Cardinal Cites Dementia In Asking Court to Dismiss Sex Assault Case

By | March 2nd, 2023|Uncategorized|Comments Off on Ex-Cardinal Cites Dementia In Asking Court to Dismiss Sex Assault Case

Lawyers for former Roman Catholic Cardinal Theodore McCarrick filed a motion this week to dismiss a case charging him with sexually assaulting a boy decades ago, saying the 92-year-old once-powerful American prelate has dementia and is not competent to stand …

1 03, 2023

Howden Acquires Specialist Entertainment Broker Franz Gossler in Germany

By | March 1st, 2023|Uncategorized|Comments Off on Howden Acquires Specialist Entertainment Broker Franz Gossler in Germany

Howden, the international insurance broker, announced an agreement to acquire Franz Gossler Insurance Group, one of the leading insurance brokers focusing on film and entertainment insurance in Germany and beyond. The transaction has been executed by Howden Germany’s specialty broker …

1 03, 2023

Specialty Re/Insurer Canopius Expands in APAC, With Launch of Melbourne Office

By | March 1st, 2023|Uncategorized|Comments Off on Specialty Re/Insurer Canopius Expands in APAC, With Launch of Melbourne Office

Canopius Group, the global specialty re/insurer, announced the opening of a new trading office in Melbourne, Australia. The operation will be led by David Mutton, who joins Canopius as casualty underwriter, APAC with immediate effect. Canopius will initially underwrite casualty …

1 03, 2023

Jensten Group Acquires UK’s Specialist Schemes Broker Darwin Clayton

By | March 1st, 2023|Uncategorized|Comments Off on Jensten Group Acquires UK’s Specialist Schemes Broker Darwin Clayton

The Jensten Group has announced its acquisition of the schemes broker, Darwin Clayton, for an undisclosed amount. The deal, which is subject to regulatory approval, brings 44 staff, 2,300 clients and more than £20 million ($23.9 million) in gross written …

1 03, 2023

CNA Hardy Launches 1st in Series of Products for International Clients Called ‘Atlas’

By | March 1st, 2023|Uncategorized|Comments Off on CNA Hardy Launches 1st in Series of Products for International Clients Called ‘Atlas’

CNA Hardy, the specialist commercial insurer that operates within the company and Lloyd’s markets, announced the launch of a new portfolio of bespoke package products built specifically for multinational businesses, called “Atlas.” Building on CNA Hardy’s existing suite of combined …