People Moves: JLT Re’s González to Oneglobal LatAm; Aon’s Cousar to McGill and Partners in APAC; CFC’s Alsegard Leads Gallagher’s IP Practice August 2, 2021 This edition of International People Moves covers appointments at three London-based brokers: Oneglobal, McGill and Partners, and Gallagher A summary...
BMS Re Launches Bermuda Unit, Led by Former Alterra Executive Mullan August 2, 2021 BMS Re, the London-based independent reinsurance broker, announced the launch of BMS Re in Bermuda. Once necessary visa and regulatory...
CNA Overcame Cyber Attack to Finish Strong in Q2 August 2, 2021 CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year...
Aon’s Price Tag for Scrapped Deal to Buy Willis Rises to $1.4B August 2, 2021 Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied...
NFP Acquires Dublin-Based P/C Broker Aiken Insurances August 2, 2021 NFP, a New York City-based insurance broker and consultant, announced it has acquired Aiken Insurances Ltd. (AIL). Financial details of...
France’s AXA Posts 180% Surge in 1st Half Net Income as XL Unit Swings to Profit August 2, 2021 AXA posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in...
Florida Sets Highest One-Day Record for New COVID Cases August 2, 2021 By Mike Schneider Florida reported 21,683 new cases of COVID-19, the state’s highest one-day total since the start of the pandemic, according to...
Update: Allianz Warns Earnings Could Be Hurt by U.S. Investigation into Funds August 2, 2021 By Stephan Kahl and Sara Marley Allianz SE warned of a potentially material hit to its earnings after the U.S. Justice Department opened a probe into...
Indian Insurance Startup Policybazaar Files for $810M IPO August 2, 2021 BENGALURU – SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion...
Walt Disney Company Requiring US Employees to Get Vaccinated August 2, 2021 The Walt Disney Company has joined other large companies in requiring employees to get vaccinated against COVID-19. The company said...