Update: Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B July 29, 2024 By L.S. Howard Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar...
Aspen Promotes Dunleavy to Group President, Succeeding Coleman July 29, 2024 Aspen, the Bermuda-based re/insurer, announced changes to its leadership, effective Aug. 1, 2024, aiming to create stronger, more accountable executive...
Update: French Internet Cables Severed in Latest Attack During Olympics July 29, 2024 By Benoit Berthelot and Jillian Deutsch A number of fiber optic cables carrying broadband service across France were cut overnight in the latest attack on the...
Wildfire in Jasper National Park Could Burn for Months, Canadian Official Says July 29, 2024 JASPER, Alberta (AP) — A wildfire that has destroyed hundreds of structures in the town of Jasper is the largest...
Beirut Flights Canceled, Delayed Amid Fears of Israeli Attack July 29, 2024 By Lisa Barrington Flights to and from Beirut airport were canceled or delayed on Monday as tensions escalated between Israel and armed political...
ECB’s Cyber Security Test Shows ‘Room for Improvement’ for Banks July 29, 2024 Euro zone banks have “room for improvement” in their cyber security, starting with how they would keep their business running...
BMS Agrees to Purchase UK Insurance Broker DR&P From Private Equity Firm Inflexion July 29, 2024 BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire David Roberts & Partners (DR&P)...
Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions July 26, 2024 Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order,...
Paris Trains Hit By Sabotage Hours Before Olympics Kick Off July 26, 2024 By Julien Ponthus and Valentine Baldassari Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a “massive attack aimed...
Aon Reports 6% Drop in Q2 Net Income, Organic Revenues Grow 6% July 26, 2024 By L.S. Howard Aon reported net income attributable to shareholders of $524 million during the second quarter, a 6% decrease from $560 million...