BMS Agrees to Purchase UK Insurance Broker DR&P From Private Equity Firm Inflexion July 29, 2024 BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire David Roberts & Partners (DR&P)...
Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions July 26, 2024 Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July. In reverse chronological order,...
Paris Trains Hit By Sabotage Hours Before Olympics Kick Off July 26, 2024 By Julien Ponthus and Valentine Baldassari Trains to and from Paris, including the international Eurostar service, were hit by what authorities called a “massive attack aimed...
Aon Reports 6% Drop in Q2 Net Income, Organic Revenues Grow 6% July 26, 2024 By L.S. Howard Aon reported net income attributable to shareholders of $524 million during the second quarter, a 6% decrease from $560 million...
People Moves: Vantage Promotes Bellitti as Chief Pricing & Portfolio Actuary, Names BHSI’s Valzania as CUO; AXA XL Promotes Bailey as Head of Professional, Bermuda July 26, 2024 This edition of International People Moves details appointments at Vantage Group Holdings and AXA XL. A summary of these new...
Typhoon Gaemi Lashes Southeast China After Pounding Taiwan, Flooding Philippines July 26, 2024 Typhoon Gaemi lashed towns on China’s coastal Fujian province on Friday with heavy rains and strong winds as the most...
Devastating Wildfire Burns Down Almost 50% of Western Canadian Tourist Town July 26, 2024 By David Ljunggren and Nia Williams A raging wildfire has devastated the western Canadian tourist town of Jasper, potentially destroying up to 50% of structures, and...
Russian Commodities Aren’t Safe in Red Sea as Houthis Attack July 26, 2024 By Alex Longley, Eleanor Thornber and Áine Quinn Yemen’s Houthi militants have attacked more merchant ships hauling Russian commodities than products from anywhere else in the world, highlighting...
AM Best Puts SCOR’s Credit Ratings Under Review After L&H Reserve Announcement July 25, 2024 AM Best has placed the credit ratings of SCOR, the Paris-based reinsurer, under review with developing implications. The ratings were...
People Moves: Marsh Promotes McKay as UK Advisory Leader; BHSI Launches Surety in Spain, Led by Barbero; IQUW Promotes MacDonald to Head of Property July 25, 2024 This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW. A...