Day: August 31, 2018

Ontario Teachers’ Pension Plan acquires Kanetix Ltd.

Ontario Teachers’ Pension Plan acquires Kanetix Ltd. Financial terms were not disclosed Ontario Teachers’ Pension Plan (Ontario Teachers’) has announced it has concluded to acquire Kanetix Ltd., Canada’s largest digital patron merger height and marketplace that provides quote comparison hunt collection for word and financial products. Financial terms were not...

Pot attention wants to see ‘stoner’ classify go adult in smoke

Pot attention wants to see ‘stoner’ classify go adult in smoke As cannabis enters mainstream, pot businesses are fervent to revamp a image Michelle Janikian, who writes about pot for publications like Herb, Playboy and Rolling Stone, says after she tells someone what she does for a living, she...

ILS Issuance in H1 Tops $7B, Reflecting Capital Markets’ Re/Insurance Appetite: Swiss Re

The initial half of 2018 aptly demonstrated that a insurance-linked bonds (ILS) marketplace has an undivided ardour to yield re/insurance insurance – notwithstanding final year’s costly insured healthy disaster losses, according to Swiss Re Institute’s sigma publication While not utterly reaching a distribution levels of H1 2017’s US$8.4 billion,...

Canopius Signs Partnership with Credit and Political Risk MGA, Anvil Underwriting

Canopius announced it has sealed a partnership with Anvil Underwriting Ltd., a credit and domestic risk handling ubiquitous representative (MGA). The agreement is effective from Sept. 3 and will concede Anvil to safeguard credit insurance, agreement disappointment and domestic risks on seductiveness of Canopius. Through a partnership with Anvil,...

Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Startups

Zurich Insurance Group believes a foe will assistance it find cutting-edge startups and entrepreneurs with whom to combine in a insurtech space. The Swiss insurer launched what it is job a Zurich Innovation World Championship, billing it as a tellurian foe where a winners benefit a possibility to use...

Foremost Auto Insurance Business Being Rebranded to Bristol West

Foremost Insurance Group, a member of a Farmers Insurance Group, pronounced a Foremost vehicle word book of business will be rebranded as Bristol West. The association pronounced this rebranding will be phased in over a subsequent several months and finished by a finish of a year. “We trust a...

State Farm Mutual Automobile Insurance Company Announces New York Rate Cut

State Farm Mutual Automobile Insurance Company has announced it will cut a rates in New York. As a result, a altogether personal automobile rate will dump by 3.4%. The sum state-wide approaching impact for State Farm Mutual by this rate diminution in New York will be approximately $55 million,...

Shareholder Suit Alleges Pizza Chain Papa John’s Hid Executives’ Misbehavior

Papa John’s International Inc. owner John Schnatter will be questioned by a pizza chain’s lawyers about his direct for inner files associated to directors’ doing of his ouster from a company. Schnatter sued final month in Delaware Chancery Court for entrance to a documents, job his exclusion “unexplained and...