Zurich Insurance Buys Canadian Insurance Technology Firm BOXX July 3, 2025 By Noele Illien and Myriam Balezou Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s...
Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers July 3, 2025 By L.S. Howard Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting...
Mount Everest’s Trash-Covered Slopes Are Being Cleaned by Drones July 3, 2025 By Sheryl Tian Tong Lee Human waste, empty oxygen cylinders, kitchen leftovers and discarded ladders. Sherpas working on Mount Everest carry all that and more...
Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street July 2, 2025 Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group....
Heat Waves May Cut GDP by 0.5 Percentage Point in Europe, Allianz Says July 2, 2025 By Maria Martinez Recent heat waves across Europe could slow economic growth in Europe by half a percentage point in 2025, a report...
Markets/Coverages: Hiscox Offers Digital Cover for Small Cargo, Stock Throughput Risks July 2, 2025 Hiscox, the Bermuda-based global specialist insurer, has launched a new Cargo API (application programming interface)-based solution, available through broker partners...
Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva July 2, 2025 By L.S. Howard Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a...
Highway Robberies Are Now Just Part of Doing Business in Mexico July 2, 2025 By Andrea Navarro and Maya Averbuch Late one Friday night, a truck carrying sound equipment for legendary cumbia band Los Angeles Azules was pulled over along...
M&S Expects Cyberattack Impact to Be Over by August, CEO Says July 2, 2025 By Elliot Burrin Marks & Spencer Group Plc expects its online services to be fully restored in the next four weeks as it...
Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack July 2, 2025 By Byron Kaye and Shivangi Lahiri A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia’s biggest...