WORLD INSURANCE

Insurance firm told to pay ₹1.75 cr. to owners of shipping vessel

The National Consumer Disputes Redressal Commission here directed an insurance company to compensate ₹1.75 crore to owners of a shipping…

Amid Global Volatility, Marine Insurers Are Prioritizing Data Management

Recent events such as the COVID-19 pandemic and explosion in Beirut have underscored the need for marine insurers to develop…

Premia Holdings Expands Reinsurance Capacity with Formation of Elevation Re

Premia Holdings Ltd. announced the formation of Elevation Re (SPC) Ltd., a sidecar vehicle which will provide collateralized reinsurance support…

Generali agreed to buy AXA's greek unit for $203 million

AXA announced that it has entered into an agreement with Generali to sell its insurance operations in Greece. Under the…

Nexus Completes Acquisition of Hiscox MGA Marine Business

Independent specialty managing general agent (MGA) Nexus Group announced it completed the acquisition of the Hiscox MGA Marine business (HMM)…

Argo Group Agrees to Sell Its Italian Business

Argo Group International Holdings Ltd., a Bermuda-based underwriter of specialty insurance products, announced an agreement to sell its Italian operations,…

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