Arthur J. Gallagher & Co. Completes Acquisition of UK’s Bollington Wilson Group February 8, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has completed its acquisition of specialist UK insurance...
UK Lawmakers to Investigate Bain Capital’s Bid for LV= Businesses: Guardian February 8, 2021 A group of UK lawmakers will investigate Bain Capital’s 530 million pound ($728 million) deal for Liverpool Victoria Financial Services’...
Many UK Companies Report Difficulties with Post-Brexit Trade Arrangements: HSBC February 5, 2021 By Andy Bruce LONDON – Around 40% of British companies that import and export said the shift to a new trading arrangement with...
Russian Mining Giant Nornickel Fined $2 Billion for Huge Arctic Fuel Spill February 5, 2021 By Polina Devitt MOSCOW – Russian mining giant Norilsk Nickel was fined $2 billion on Friday for the damage caused by a huge...
How a 2020 Cyber Attack Brought the New Zealand Stock Exchange to Its Knees February 5, 2021 By Jamie Tarabay The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was...
Irish Pubs Entitled to Get Lockdown Insurance Payments from FBD: High Court Ruling February 5, 2021 DUBLIN – Ireland’s High Court ruled on Friday that four publicans insured by FBD were entitled to be indemnified for...
Australian Insurers Declare Catastrophe for Perth Hills Bushfires February 5, 2021 The Insurance Council of Australia (ICA) has declared a catastrophe for the Perth Hills bushfires which continue to burn north-east...
Ex-CNA Hardy Executive Brosnan Named CEO of W. R. Berkley Syndicate Management February 5, 2021 W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management...
Vale Agrees to Pay Settlement of $7 Billion for Brazilian Mine Disaster in 2019 February 4, 2021 By James Attwood Vale SA reached a settlement agreement with Brazilian authorities for a dam collapse that killed 270 people and led to...
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new...