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Omnichannel Acquisition Corp, the publicly-traded special purpose acquisition company led by entrepreneur Matt Higgins, is poised to acquire Kin Insurance in a deal that will see the combined company listed on the New York Stock Exchange for around $1 billion. 19 July 2021
News
A lack of clarity around the ownership of fire risk management is putting wind farms at greater risk of suffering fire damage, according to Firetrace, the provider of fire suppression technology. 19 July 2021
Life
Essent Group has hired a new special advisor to provide Mark Casale, its chairman and chief executive officer, with a new perspective on housing finance, and bring additional private and public sector experience to the business. 19 July 2021
Life
Specialty re/insurer IQUW has unveiled a new reinsurance operation in Bermuda. 19 July 2021
Life
Aspen Insurance Holdings has named a new group chief investment officer (CIO) as it wrestles with the heightened volatility in the markets in recent months. 16 July 2021
Life
AXA XL Insurance has named a new country manager for Singapore. 16 July 2021
ILS
The founders of ILS issuers Replexus and Paratus have praised Guernsey’s can-do attitude, which they said made the island a natural home for insurance-linked securities (ILS). 16 July 2021
News
Circle, the financial technology firm that provides payments and financial infrastructure for internet businesses, will increase its operations in Bermuda with a new office. 16 July 2021
Life
Enstar Group is set to acquire more than 3.7 million of its own shares from funds managed by Hillhouse Capital Management. 16 July 2021
News
Athene Holding, the provider of retirement savings solutions, is poised to acquire Foundation Home Loans (FHL), a specialist UK mortgage lender. 16 July 2021
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