Arthur J. Gallagher & Co. Acquires U.K.’s Anthony Hodges Consulting Ltd. October 2, 2019 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Anthony Hodges Consulting Ltd. (AHC) in...
Canada Insurer Intact Financial Corp. Completes Acquisition of On Side Restoration October 2, 2019 Intact Financial Corp., the Toronto-based property and casualty insurer, announced it has completed the acquisition of On Side Developments Ltd.,...
UK PM’s Ultimatum to EU: Negotiate Brexit on His Terms, or Face No-Deal Divorce October 2, 2019 By Robert Hutton and Kitty Donaldson Boris Johnson is poised to issue an ultimatum to the European Union on Wednesday: negotiate Brexit on his terms within...
Buffett-Owned Chemical Firm Lubrizol Faces Lawsuits After Fire in Rouen, France October 2, 2019 More than 5,250 tonnes of chemicals, oil and fuel additives have burned in a massive fire at U.S. specialty chemical...
Update: Hurricane Lorenzo Loses Power but Swells in Size as It Heads Toward Ireland October 2, 2019 By Brian K. Sullivan Hurricane Lorenzo, the largest storm ever to roam the Eastern Atlantic, is forecast to strike the heart of Ireland’s west...
Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA October 1, 2019 By Pamela Barbaglia, Alexander Hübner and Jesús Aguado German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources...
Cyber-Attacks Named as Top Business Risk in U.S., Canada and Europe, by WEF Survey October 1, 2019 By L.S. Howard Cyber-attacks are named as the leading risk for business executives in the United States, Canada and Europe, according to a...
Typhoon Mitag Lashes Eastern China, Heads to South Korea October 1, 2019 After lashing parts of Taiwan and Japan’s southernmost Ryukyu Islands on Monday, Typhoon Mitag is passing eastern China today and...
MS Amlin Exits 9 Non-Core Classes of Business, with a New Focus on 3 Core Markets October 1, 2019 MS Amlin, the London-based re/insurer and subsidiary of MS&AD, announced a new underwriting strategy that focuses on three core, non-commodity...
AGCS Names Kang as Head of Reinsurance and Catastrophe Risk Management October 1, 2019 Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Allianz Group, has appointed Hyeji Kang as global head...