Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson December 21, 2020 By L.S. Howard Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for...
Lloyd’s Syndicate Dale and DUAL Launch MGU with Focus on U.S. Property Insurance December 21, 2020 Dale Underwriting Partners and DUAL announced a new joint venture, Dale DUAL MGU Ltd. (DDML), in collaboration with Aviva with...
Many Nations Close Borders to British Travelers over Fears of New Coronavirus Strain December 21, 2020 By Gerhard Mey and Ben Makori DOVER, England – A slew of countries closed their borders to Britain on Monday over fears of a highly infectious...
UK Broker, Specialist Risk Group, to Be Acquired by Private Equity Firm HGGC December 21, 2020 Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has signed a definitive agreement to be acquired by...
PM Johnson Faces Deal-Or-No-Deal Choice as EU Balks at UK’s Brexit Demands December 21, 2020 By Ian Wishart Boris Johnson faces a choice in the next few hours that will define his premiership: accept a trade deal with...
AXA XL Names Marsh’s Barker to Lead Aviation Insurance Business in Canada December 18, 2020 AXA XL has appointed Alex Barker to lead its aviation insurance business in Canada. Barker will report to Eric Donofrio,...
COVID-19 Fuels Abandonment of Ships – and Their Cargoes and Crews December 18, 2020 By K. Oanh Ha and Bruce Stanley From the deck of their tanker, Captain Samig Nabiyev and his crew could see the smoke and fire rising over...
Willis Towers Watson Partners with Polecat Intelligence on Emerging Risk Analysis December 18, 2020 Willis Towers Watson, the global advisory, broking and solutions company, announced a partnership with Polecat Intelligence Ltd,, a business intelligence...
Brexit Trade Talks Reach Impasse with Both UK and EU Demanding Compromise December 18, 2020 By Marine Strauss and William James BRUSSELS/LONDON – The European Union said on Friday there were just hours left to strike a Brexit trade deal while...
Judgment in UK COVID Business Interruption Appeal Will Be Handed Down in January December 18, 2020 By Carolyn Cohn LONDON – There will be no judgment in an appeal over business interruption insurance this year, Britain’s markets watchdog said...