Business

Entrepreneurs Insuring Start-Up Loans, Rather Than Risking Their Houses

As Companies House data shows a rise in start-ups born during the pandemic, new figures from Purbeck Insurance Services reveal savvy entrepreneurs in the UK collectively secured £25m of funding for a new venture in the past […]

Business

Covid-19: 10K SMEs Apply for Business Boost Loans

Over 10,000 SME owners have applied for a single £10,000 Business Boost grant from insurer Simply Business, as the coronavirus continues to take its toll financially on small businesses. Simply Business launched the grant at […]

Business

MBH Corporation Says SMEs Offer Great Investment Opportunities

New research from MBH Corporation plc, a UK headquartered listed diversified investment holding company that acquires successful, well established small to medium enterprises across multiple geographies and sectors, reveals that 94% of institutional investors and […]

Business

Deals: Generali Takes a Stake in Cattolica Group

Here’s the official word from Generali; The Board of Directors of Assicurazioni Generali, chaired by Gabriele Galateri di Genola, and Cattolica’s Board of Directors, chaired by Paolo Bedoni, approved the launch of a strategic partnership […]

Business

New Ardonagh Funding Sees Two New Deals, More to Come?

Updated: 26.06.2020; Further to its 22 June 2020 announcement, The Ardonagh Group (“the Group”) announces that on 25 June 2020 it priced the offering of $500 million in aggregate principal amount of Ardonagh Midco 2 […]

Business

GlobalData View on The FCA Action Re Business Interruption Claims

Following the announcement by the Financial Conduct Authority (FCA) that multiple insurers are to back down on the coronavirus policy dispute and pay company owners with business interruption policies; Ben Carey-Evans, Insurance Analyst at GlobalData, […]

Business

Allianz BBVA Joint Venture is Good News, Says DBRS Morningstar

Banco Bilbao Vizcaya Argentaria SA and Allianz SE announced on April 27, 2020, that they had reached an agreement to implement a strategic bancassurance partnership. The transaction encompasses the creation of an insurance joint-venture (JV) […]

Business

Latest Hannover Re Results Show Good Start to 2020

Hannover Re boosted its result by 2.5% in the first quarter. Key drivers here were double-digit increases in earnings from life and health reinsurance as well as from the investment portfolio. “In the first quarter […]