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White Mountains Insurance Group Ltd. completed its $2.6 billion sale of Sirius International Insurance Group to a division of China Minsheng Investment Corp. Ltd., nine months after the deal was first announced.Out of that total, White Mountains used $160 million to buy out some Sirius assets it pla...

04/19/2017 05:12 PM

There are two main issues, involving the general public, hounding the surety-bond industry. First is the proliferation of fake bonds. Second is the presence of delinquent bonding companies.

With respect to fake bonds, it is usually government offices that fall victim to this nefarious activity. A num...

04/17/2017 11:45 AM

Historically, it could be said that corporate pension scheme funding represented a topic which had long occupied a lowly position on the agendas of many employers. However, with regulation tightening and market conditions negatively impacting on un-hedged schemes – coupled with increased media atten...

04/11/2017 11:13 AM

Many professionals in the financial and real estate industries undergo their licensing procedure via the National Multistate Licensing System and Registry (NMLS). The NMLS handles the licensing data of numerous types of specialists such as mortgage brokers, originators and lenders, money transmitter...

04/05/2017 02:41 PM

Launches Sompo International, to be its first fully integrated global commercial insurance and reinsurance platform

TOKYO and HAMILTON, Bermuda, March 28, 2017 (GLOBE NEWSWIRE) -- Further to the announcement made on 5 October 2016, SOMPO Holdings, Inc. (“SOMPO”) is pleased to announce that following ...

03/28/2017 05:46 PM