Shipping Industry Grapples With Ways to Cut Cargo Fires at Sea February 22, 2023 Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers...
Swedish MGA Brookfield Underwriting Acquired by Broking Group Säkra February 21, 2023 Brookfield Underwriting, the specialist Stockholm-based high net worth managing general agent, announced it has been acquired by Säkra, one of...
Loss Adjuster McLarens Forms Strategic Alliance in Egypt, Expanding Regional Footprint February 21, 2023 Global claims services provider McLarens has established a strategic alliance with Egypt Global Adjusters (EGA), a leading Egyptian loss adjusting...
VW Faces Possible Recalls After Environmental NGO Wins Emissions Software Lawsuit February 21, 2023 A German court on Monday ruled in favor of an environmental NGO’s lawsuit against the federal motor authority for releasing...
Facebook Temporarily Fights Off $3.7B UK Mass Action Over Market Dominance February 21, 2023 By Sam Tobin Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations...
Post-Brexit Insurance Reform Expected Before December: BoE’s Woods February 21, 2023 By Huw Jones The Bank of England sought on Monday to allay fears among insurers that it was dragging its feet over a...
Lockton Launches Affinity Biz in Australia, New Zealand and Pacific, Led by Dasgupta February 20, 2023 Lockton, the world’s largest privately owned insurance brokerage, announced the launch of an Affinity Schemes business in Australia, New Zealand...
UK’s Legal & General Launches Fresh UK Lawsuit Against Glencore After Bribery Scandal February 20, 2023 By Upmanyu Trivedi Legal & General Group Plc have launched a fresh lawsuit against Glencore Plc, months after the commodities giant pleaded guilty...
FWD to Buy Majority Stake in Malaysian Insurer Ahead of Planned IPO February 20, 2023 By Manuel Baigorri FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a...
QBE Insurance Announces $1.9 Billion Loss Portfolio Transfer With Enstar February 17, 2023 By L.S. Howard QBE Insurance Group announced a reinsurance transaction with legacy acquisition specialist Enstar, designed to de-risk the group’s exposure to portfolio...