Underwriting
Arch Capital Group Closes Purchase of Barbican, Boosting Lloyd’s Presence
Arch Capital Group Ltd. said it has closed its planned purchase of Barbican Group Holdings Ltd., a move expected to deepen its involvement in both Lloyd's and the London market. Arch acquired the ...
Climate Change Stress Tests Coming in France for Insurers, Banks
France's financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly ...
Volkswagen Confronts Giant UK Emissions Class Action Lawsuit
Volkswagen AG is facing one of the largest-ever U.K. class action lawsuits, with almost 100,000 vehicle owners accusing it of misleading them by installing emissions-cheating software that made it ...
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
U.S. Prosecutors to Pursue Criminal Probe of 6 Pharma Companies Over Opioid Shipments
Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare ...
Appeals Court Upholds $70M Verdict Against J&J Over Risperdal Side Effects
A Pennsylvania appeals court upheld a $70 million verdict against Johnson & Johnson in a lawsuit charging its Risperdal anti-psychotic drug caused a man to grow female breasts and also ruled that ...
For InsurTech Startup Kin, No App Is Necessary
Both old-fashion carriers and InsurTech startups alike are increasingly turning to apps in order to engage their customers. Sean Harper is going the opposite direction for Kin, the MGA and insurance ...
MiddleGame Ventures Raises $165.4M for InsurTech, Other Startup Investments
MiddleGame Ventures, an InsurTech and fintech-focused venture firm, has raised a new $165.4 million fund that will target investments in Europe and North America. The Luxembourg-based operation has ...