UK Bans Chinese-Owned TikTok on Government Phones on Security Concerns March 17, 2023 By Muvija M and Kylie MacLellan Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western...
People Moves: Gallagher Promotes Kent to Lead Global Insurance Strategic Relationships; Wakefield Named CEO of Gallagher Re March 16, 2023 Gallagher, the insurance brokerage, risk management and consulting services firm, announced that James Kent, currently global CEO of Gallagher Re,...
Citgo’s Lawsuit Against Lloyd’s Insurer Over Seized Venezuelan Oil Gets Go-Ahead March 16, 2023 By Robert Burnson Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after...
Intangic MGA Launches Cyber Parametric Policy With Backing From AXA XL March 16, 2023 Intangic MGA, a London-based cyber managing general agent (MGA), has been launched with capacity backing from AXA XL, offering new...
Dutch Court Finds Facebook Misused Data in Class Action Lawsuit March 16, 2023 A Dutch court hearing a class action lawsuit on Wednesday found that a European subsidiary of Meta, Facebook Ireland, improperly...
Update: Credit Suisse’s String of Crises: Spies, Money Laundering, Takeover March 16, 2023 Switzerland’s UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock in a...
Miner BHP Potentially Faces $44B Lawsuit in London Over Brazil Dam Collapse March 16, 2023 Mining group BHP Group is potentially facing a 36 billion pound ($44 billion) lawsuit in London over Brazil’s worst environmental...
Australia’s Latitude Group and IPH Hit by Cyber Attacks, Continuing Wave of Hacks March 16, 2023 By Mehr Bedi Digital payments firm Latitude Group Holdings and intellectual property services provider IPH Ltd. reported data breaches on Thursday, joining a...
Update: Credit Suisse Secures $54 Billion Lifeline to Shore Up Investor Confidence March 16, 2023 By John Revill and Amanda Cooper Credit Suisse shares jumped around 18% on Thursday after the company secured a lifeline from the Swiss central bank to...
Arthur J. Gallagher & Co. Buys UK Broker FE Protect March 15, 2023 Arthur J. Gallagher & Co. announced the acquisition of UK-based AT Squared Holdings Ltd., operating as FE Protect. Terms of...