People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires March 6, 2025 This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of...
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund March 6, 2025 RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A...
Aon’s NFP Acquires UK-Based Business Management Consultancy, Clay GBP Ltd. March 6, 2025 NFP, the Aon company and insurance brokerage and consulting firm, has acquired Clay GBP Ltd., a London-based business management firm....
EU Court Fines Five Countries for Lacking Whistleblower Protection March 6, 2025 The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers...
Australia’s Prudential Watchdog Targets Longest-Serving Board Directors March 6, 2025 By Nasteho Said Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years....
Floods in Indonesia’s Capital Displace Thousands, Shut Factories March 5, 2025 By Norman Harsono and Eko Listiyorini Torrential rain triggered heavy flooding in Indonesia’s capital Jakarta and nearby cities, affecting more than 60,000 people and shutting down...
Marsh Acquires Milan-Based Brokerage Fontana Rava-Toscano & Partners March 5, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced that it has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based...
Australia’s Insured Losses From Cyclone Alfred Could Top US$1.3 Billion: S&P March 5, 2025 Australia’s largest property and casualty (P/C) insurers should be well placed to manage claims stemming from tropical cyclone Alfred, which...
Scientists Predict Major Quake in Chile’s Mineral-Rich North March 5, 2025 Fifteen years ago on February 27, a devastating 8.8 magnitude quake struck southern Chile off the coast of Concepcion, shaking...
Cyclone Forces Australian Evacuations as Brisbane Braces for Hit March 5, 2025 By Jason Scott Millions of Australians are bracing for a direct hit from a tropical cyclone heading toward the nation’s third-biggest city, with...