Update: Aon Considers Bid to Buy Willis Towers Watson March 5, 2019 By Ed Hammond, Matthew Monks and Katherine Chiglinsky Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s...
Chubb Increases Stake in China’s Huatai Insurance Group to 26.2% March 5, 2019 Chubb Ltd. announced it has received Chinese regulatory approval to increase the company’s ownership in Huatai Insurance Group Co. Ltd....
Berkshire Hathaway Insurance Group Forms Irish Subsidiary in Preparation for Brexit March 5, 2019 Berkshire Hathaway Insurance Group announced that Berkshire Hathaway European Insurance DAC (BHEI) has been granted a license to operate as...
Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations March 5, 2019 Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced...
Vietnam Says ‘Drastic Measures’ Needed to Fight Spread of African Swine Fever March 5, 2019 Vietnam’s prime minister has called for “drastic measures” to fight the spread of African swine fever in the Southeast Asian...
Update: Crane Collapses at Eni’s Italian Offshore Oil Platform; Operator Killed March 5, 2019 One person died and two people were injured when a crane collapsed at an Italian offshore oil platform run by...
Aviva’s CEO Needs Time for Success, but Investors Won’t Have Much Patience: Opinion March 5, 2019 By Elisa Martinuzzi After searching far and wide for a new CEO for the past five months, Aviva Plc is sticking with a...
UK’s Aviva Names Company Veteran, Tulloch, as CEO – After 5-Month Search March 5, 2019 After a five-month search for a new chief executive officer, UK’s Aviva plc has promoted a company veteran, Maurice Tulloch,...
China Seeks to Reach Deal with U.S. to Open Financial Sector, Despite Difficult Talks March 5, 2019 By Ryan Woo and Stella Qiu China can “absolutely” reach an agreement with the United States on opening up its financial sector, China’s top banking regulator...
Environmental Disaster Unfolds in Pacific, Near Solomon Islands, as Ship Leaks Oil March 4, 2019 By Nick Perry An environmental disaster is unfolding in the Pacific after a large ship ran aground and began leaking oil next to...