HDI Global Receives License to Open Office in Dubai July 30, 2024 HDI Global SE has received a regulatory license from Dubai Financial Services Authority (DFSA) to open an office in Dubai....
South Africa Races to Contain Oil Spill From Wrecked Cargo Ship July 30, 2024 South Africa dispatched crews to contain an oil spill from a cargo vessel that ran aground earlier this month because...
Typhoon Remnants Bring Rains, Floods That Kill Four in China July 30, 2024 Record rainfall and widespread flooding killed four people in China’s southern province of Hunan, with roads in rural areas damaged...
Reinsurer SCOR’s Recovery Clouded by First Quarterly Loss Since 2022 July 30, 2024 By Alexandre Rajbhandari SCOR SE Chief Executive Officer Thierry Leger said he’s taking over control of the company’s life and health unit after...
Companies ‘Paralyzed’ as Australia Plans Tough Climate Rules July 30, 2024 By Ishika Mookerjee Australia’s plans to introduce stringent rules on climate disclosures are driving up concerns among businesses about compliance in one of...
Private Equity Firm Centerbridge Weighs Exit Options for £3 Billion Canopius at Lloyd’s July 29, 2024 By Swetha Gopinath and Dinesh Nair A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius...
Brown & Brown Agrees to Buy Dutch Insurance Broker, Quintes Holding B.V. July 29, 2024 Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., a Netherlands-based insurance group....
Update: Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B July 29, 2024 By L.S. Howard Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar...
Aspen Promotes Dunleavy to Group President, Succeeding Coleman July 29, 2024 Aspen, the Bermuda-based re/insurer, announced changes to its leadership, effective Aug. 1, 2024, aiming to create stronger, more accountable executive...
Update: French Internet Cables Severed in Latest Attack During Olympics July 29, 2024 By Benoit Berthelot and Jillian Deutsch A number of fiber optic cables carrying broadband service across France were cut overnight in the latest attack on the...