PSC Insurance acquires Carroll Insurance for £3.4 million
SYDNEY: PSC Insurance Group has announced the acquisition and completion of Carroll Insurance Group (CIG), a direct and wholesale broking business, operating in the Lloyd’s...
9 Spokes explores global collaboration opportunity with Visa
AUCKLAND: 9 Spokes, a leading marketplace and insights company to small businesses, has signed an addendum to its Collaboration Framework Agreement with Visa USA. Inc....
European insurers and illiquid assets — an upwards trajectory
LONDON: In what could be a pivotal development for the insurance industry, insurers have encountered a range of influences that have raised the profile of...
Ibaera’s IGIC gains control of Azumah Resources Limited
PERTH: Azumah Resources Limited notified that IGIC Pte Ltd (an affiliate of Ibaera Capital Fund GP) has increased its relevant interest to over 50% of...
Agro increases number of miner machines in production to 7,000
LONDON: Argo Blockchain Plc, a leading enterprise-scale cryptominer based in the UK, announced that 500 new Bitmain S17 Antminer machines were brought onstream last week,...
AM Best affirms ratings of Anthem Inc. and its subsidiaries
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the...
Bank of New Zealand migrates to 9 Spokes’ next generation platform
AUCKLAND: 9 Spokes International, a leading marketplace and insights company to small businesses, has released its next generation platform. Bank of New Zealand (BNZ) is...
AM Best affirms credit ratings of KB Insurance Co and Fubon Insurance Co
HONG KONG: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of KB Insurance Co.,...
Emirates Investment Bank posts decline in profits
DUBAI, UAE: Emirates Investment Bank (EIBank) announced its financial results for the first nine months of 2019 recording total comprehensive income for the nine-month period...
AM Best affirms credit ratings of Atradius Seguros de Crédito, S.A.
MEXICO CITY: AM Best has affirmed the Financial Strength Rating of A (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” and the Mexico...
S&P affirms credit ratings of Taiwan Semiconductor Manufacturing
HONG KONG: S&P Global Ratings has affirmed its ‘AA-‘ issuer credit ratings on Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC). S&P also revised liquidity assessment on...
QIIB begins pre-Sukuk launch business tour
DOHA: Qatar International Islamic Bank has begun a business tour involving a series of meetings with investors in several countries, as the bank plans to...