Tallying Losses from October’s Global Catastrophes November 8, 2018 October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly...
Hub International Acquires Saskatchewan-Based Tri-Line Agencies November 8, 2018 Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Tri-Line Agencies Inc. Terms of the...
Derailment of BHP Iron Ore Train Exposes Australia’s Reliance on Private Railways November 8, 2018 By Rebecca Keenan A network of private railroads more than three times the length of the New York subway system is the key...
Zurich Insurance Reports 2% Hike in 9-Month P/C Premiums, Confirms Targets November 8, 2018 By Brenna Hughes Neghaiwi Zurich Insurance posted a 2 percent rise in nine-month property and casualty premiums and confirmed its financial targets on Thursday...
Generali’s 9-Month Net Profit Rises 27% to $2 Billion November 8, 2018 Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8...
New Clues to Lion Air 737 Max Crash Revealed in Boeing, FAA Warnings November 8, 2018 By Alan Levin, Julie Johnsson and Harry Suhartono A Boeing Co. warning to 737 Max operators around the globe provides the first clues about how bad data from...
Marsh & McLennan’s $5.6B Acquisition of Broker JLT Gets Shareholder Nod November 7, 2018 Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc...
Gallagher Buys Majority Stake in UK Property-Owners’ Broker Vasek Insurance November 7, 2018 Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company...
Some UK Insurers May Be Forced to Adjust Motor, Home Insurance Prices: Fitch November 7, 2018 Some UK insurers may be forced to change how they set their prices for motor and home insurance as a...
BHP Expects Interruption to Australia Iron Ore Exports After Train Derailment November 7, 2018 By Melanie Burton Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly 3-km-long train loaded with...