Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers November 14, 2023 Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not...
Markets/Coverages: WTW Launches Global D&O Excess Facility Called ‘A-Star’ November 14, 2023 Insurance broker WTW announced the launch of “A-Star,” an excess layer D&O insurance solution for directors and officers. The new...
Port Operator DP World Chips Away at Freight Backlog After Crippling Cyber Attack November 14, 2023 By Angus Whitley DP World Plc is slowly working through a backlog of more than 20,000 freight containers piled up at Australian ports...
Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far November 14, 2023 By Frances Schwartzkopff Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as...
Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes November 14, 2023 By Stephen Lathrope and Andy Read Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been...
Markets/Coverage: QBE Launches Marine Offering for European Customers November 13, 2023 Australian insurer QBE has launched a marine offer that will insure international trade for European customers who want to be...
EU Watchdog Cautions Against One-Size-Fits-All Rules for Non-Bank Financial Sector November 13, 2023 By Huw Jones Regulators should keep on open mind when writing rules for the world’s $239 trillion “non-bank” financial sector to avoid one-size...
World’s Biggest Bank Had to Trade Via USB Stick After Cyber Attack November 13, 2023 By Katherine Doherty, Liz Capo McCormick and Alexandra Harris On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a USB stick....
Cyber Attack Against Australia Port Operator Causes Massive Container Backlog November 13, 2023 By Angus Whitley and Lynn Doan DP World Plc is struggling to work through a backlog of 30,000 shipping containers piled up at ports across Australia...
EU Court Sides With Car Service Firms in Data Fight With Sweden Truck Maker Scania November 13, 2023 By Foo Yun Chee Swedish truck maker Scania must share car data, such as vehicle identification numbers, with repair shops and parts distributors, Europe’s...