U.K. Endures Record High Temperatures During 2010s January 3, 2020 By Ramsey Al-Rikabi The U.K. endured more high-temperature records during the 2010s than any decade over the last century, according to the nation’s...
Climate Change, Cyber Warfare Risks Are Key London Market Issues for 2020: IUA January 3, 2020 Climate change and cyber warfare risks are two key London market issues highlighted by the International Underwriting Association (IUA) in...
NFP Makes Canadian Leadership Changes, Including Promotion of Padovani as President January 3, 2020 NFP, the New York City-based insurance broker and consultant, announced leadership changes throughout Canada to support its growth in the...
Indonesia Flooding Forces Evacuation of More Than 400,000 People with 42 Deaths January 3, 2020 By Arys Aditya and Tassia Sipahutar At least 42 people have died from the New Year’s Day flooding in Indonesia, and hundreds of thousands were evacuated,...
U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners January 3, 2020 Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist...
Update: The Escalating Costs of Australia’s Wildfire Disaster January 3, 2020 By Edward Johnson Australia is in the grip of deadly wildfires burning across the country, triggering an emotive debate about the impact of...
Argo and Shareholder Voce Lay Down Their Swords, Agree to 3 New Board Members January 2, 2020 By L.S. Howard Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced it has agreed with activist shareholder Voce Capital Management to change...
Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit January 2, 2020 Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV...
Indonesia Hit by Worst Flooding Since 2013, with Death Toll Rising January 2, 2020 By Rieka Rahadiana and Fathiya Dahrul Indonesian authorities re-opened the Halim Perdanakusuma airport in Jakarta for limited operations, as the death toll rises from the city’s...
Commercial Airplane Crash Deaths Drop by More than 50% in 2019: Aviation Consultant January 2, 2020 By David Shepardson The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile...