Vale’s ‘Negligence’ May Have Cost Lives, Says Brazil Mining Regulator November 12, 2019 By Jake Spring and Christian Plumb Brazil’s mining regulator on Tuesday blasted iron ore miner Vale SA for failing to disclose problems with a mining dam...
Guy Carpenter Appoints Bermuda Execs, Including Johnston, Komposch from Aon November 12, 2019 Guy Carpenter announced the appointment of Robert Johnston as chairman of Guy Carpenter’s Bermuda operations, and Peter Komposch as head...
Ransomware Attack Hits Mexico’s State Oil Firm Pemex November 12, 2019 By Adriana Barrera A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to...
Australia Braces for Another Week of Devastating Bushfires November 12, 2019 By Emily Cadman and Jason Scott Australia is bracing for another week of devastating bushfires, with swaths of the eastern seaboard and even areas of greater...
Hub International Buys Canada Employee Benefit Consultant, W.R. Carey Corp. November 8, 2019 Hub International Ltd., a Chicago-based insurance broker, announced it has acquired the assets of W.R. Carey Corp. Terms of the...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon November 8, 2019 Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and...
Investors React Positively to Argo CEO’s Exit, Despite Q3 Net Loss November 8, 2019 By Mark Hollmer The day after Argo Group International Holdings announced CEO Mark Watson III was retiring “immediately,” investors seemed ecstatic, driving the...
AM Best Reviews Argo Group’s Ratings in Reaction to SEC Probe, Watson Exit November 8, 2019 AM Best has placed the credit ratings of Argo Group International Holdings Ltd. and its subsidiaries under review with negative...
VIBE Syndicate 5768 to Be Placed into Solvent Run-off November 8, 2019 The board of VIBE Syndicate Management announced, effective Dec. 31, 2019, its Syndicate 5678 at Lloyd’s will be placed into...
Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board November 8, 2019 Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1,...