Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers April 4, 2025 By L.S. Howard The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in...
Peak Re Granted License to Open Reinsurance Branch in India April 4, 2025 Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak...
Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill April 4, 2025 By Ed Davey Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from...
UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds April 4, 2025 By Nell Mackenzie Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK...
Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks April 4, 2025 By Christine Chen Hackers targeting Australia’s major pension funds in a series of coordinated attacks have stolen savings from some members at the...
Generali Won’t Fight Italy Government Over Natixis Deal, CEO Tells Paper April 4, 2025 By Gianluca Semeraro, Giuseppe Fonte and Valentina Za Italian insurer Generali will not put up a fight to defend a planned asset management tie-up, if Rome’s opposition stiffens...
SCOR Placed Under Court Examination for Allegations Against Former Chair Kessler April 4, 2025 French reinsurance company SCOR said on Friday it has been placed under examination by a Paris court for facts alleged...
Specialty and Media MGA Nirvana to Acquire MGA Pulse April 3, 2025 Managing general agent Nirvana announced it is acquiring Pulse, an MGA specializing in non-standard accident, health and life, and sports...
Arthur J. Gallagher & Co. Acquires Brokers in UK and Australia April 3, 2025 Arthur J. Gallagher & Co. this week announced two acquisitions – of the UK’s Bircroft Insurance Services and Australia’s Tresidder...
Britain’s Co-op Group Says Retail Crime Cost it $105 Million in 2024 April 3, 2025 Britain’s Co-op Group said on Thursday that losses from shoplifting in its food retail business rose by over 14% to...