Integro Acquires London-Based Broker Croton Stokes Wilson Holden

International insurance broker and risk management firm Integro Ltd. announced the acquisition of London-based Lloyd’s broker Croton Stokes Wilson Holden Ltd. Financial considerations of the transaction have not been disclosed. Founded in 1988, Croton Stokes Wilson Holden Ltd. (CSWH) has …

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Delta Lloyd Shareholders Approve Contested Plan to Raise $720M in Rights Offer

Delta Lloyd NV rose to the highest since December after shareholders approved a contested plan to raise 650 million euros ($720 million) in a rights offer to improve its capital levels. The stock gained as much as 6.6 percent in …

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Tech Firms Warn of Growing Cyber Risks: From Medical Devices to Sex Toys

It’s not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the internet, it could be anything from medical equipment to industrial machinery – and even sex …

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Munich Re Counters Negative Interest Rates by Boosting Gold, Cash Reserves

German reinsurer Munich Re is boosting its gold and cash reserves in the face of the punishing negative interest rates from the European Central Bank, it said on Wednesday. The world’s largest reinsurer is far from alone in seeking alternative investment strategies to counter the …

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IronPro Enhances Cyber, Tech Products in Canada

IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products will also provide eligible Ironshore Highly Protected Information (HPI) policyholders with cyber …

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The Crichton Group Hires Hite as Commercial Insurance Advisor

The Crichton Group, an independent insurance agency located in Nashville, has hired industry veteran Dan Hite as commercial insurance advisor. Hite will focus on commercial insurance and risk management. He is a former executive vice president at Brown & Brown …

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South Carolina ‘Driver Amnesty Week’ Offers Drivers Opportunity to Clear Violations

This week is driver amnesty week in South Carolina, a time when drivers with certain kinds of license suspensions may apply to have suspension time reduced or cleared. The Department of Motor Vehicles says the program assists drivers with license …

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