Gallagher Acquires Retail Broker First Ireland Risk Management in Dublin January 18, 2023 Arthur J. Gallagher & Co. has acquired Dublin, Ireland-based First Ireland Risk Management Limited, a retail insurance broker offering commercial...
Acrisure Acquires Affinity Brokers in Scotland January 18, 2023 Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has acquired Affinity Brokers Limited, a commercial insurance broker based...
Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’ January 18, 2023 By Reed Stevenson and Nao Sano Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the...
Tesla Under Fire in Germany Over Union Concerns on Worker Safety, Contracts January 18, 2023 BERLIN, Jan 16 (Reuters) — Tesla has come under fire from German union IG Metall and politicians over allegations by...
BMS Acquires Australian Specialist Austbrokers Coast to Coast January 18, 2023 Global specialty insurance and reinsurance broker BMS reports it has acquired Austbrokers Coast to Coast (C2C), a specialist Australian corporate,...
Liberty Mutual Considers $1 Billion Latin America Sale January 17, 2023 By Jan-Henrik Förster and Sonia Sirletti Liberty Mutual Holding Co. is exploring a sale of its Latin America businesses as part of the US insurer’s divestment...
Bank of England Worried New Insurance Capital Rules Could Risk Policyholder Bailout January 17, 2023 By Huw Jones and David Milliken Britain’s proposed changes to capital rules for insurers could lead to the government having to bail out policyholders, as happened...
Germany Joins Opposition to EU Ban on Commission-Based Financial Products January 17, 2023 By Huw Jones Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel January 17, 2023 Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was...
Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’ January 17, 2023 By Simon Jessop and Huw Jones LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the...