Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices. Controlling shareholder state bank Caixa Economica Federal had …
Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has promoted Juan Felipe Londoño to the position of general manager Colombia, with responsibility for the Andean Region and Panama. He reports to Miguel Martinez-Alvarez, head of Business Development …
Private equity firm KKR & Co Inc. said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized. “Our London office has …
British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal, according to arbitration and …
The number of industry-related conferences being cancelled, postponed or moved to virtual in response to the coronavirus threat is growing. The Wholesale and Specialty Insurance Association (WSIA) has joined the ranks of those canceling events. Travel restrictions and corporate travel …
INSTANDA, the London-based customer and policy management platform for the insurance industry, has completed a $19.5 million Series A fundraising round, the company announced. Led by Assembly Capital Partners, the investment will support the firm’s international expansion in the United …
Brightway Insurance Franchise Owner Ryan Collins has expanded his business enterprise with a second Brightway location in Chatham, N.J., which is his first location in the Garden State. Collins opened his first Brightway store in Sunrise, Fla., in 2018. Brightway …
The number of coronavirus cases in New York state rose Sunday to more than 100, an expected increase Gov. Andrew Cuomo predicts will continue as more testing is done. New York City Mayor Bill de Blasio said Sunday that the …
Global insurance broker Marsh announced that Brian Hanuschak has been appointed CEO of Victor Insurance Holdings, its managing general underwriter (MGU) with locations in the U.S., Canada, UK, Netherlands, Germany, Italy and Australia Hanuschak most recently served as president of …
Debevoise & Plimpton LLP has announced that Eric Dinallo has returned to chair its Insurance Regulatory Practice and join its Financial Institutions and White Collar & Regulatory Defense Groups. Dinallo will focus on developing and executing regulatory strategies for clients …