Howden to Restructure Business Under Single Global Management Structure May 16, 2023 Howden, the global insurance group, announces today that it will unify its structure under a single global executive, with insurance...
Arthur J. Gallagher & Co. Acquires Australia’s Mavco Insurance Group May 16, 2023 Arthur J. Gallagher & Co. announced the acquisition of Perth, Western Australia-based Mavco Insurance Group. Terms of the transaction were...
Hong Kong’s FWD Weighs Pre-IPO Round as Listings Slow: Sources May 16, 2023 By Manuel Baigorri FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set...
Update: Oil Majors Should Pay $12B to Repair Damage in Nigeria: Report May 16, 2023 By William Clowes Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s crude-rich Niger...
Cyclone Mocha Is One of Strongest Storms Recorded in North Indian Ocean May 16, 2023 By Brian K. Sullivan The remnants of Tropical Cyclone Mocha have moved further inland over Myanmar after coming ashore Sunday with winds of 155...
New Zealand Pledges $720M for Cyclone and Flood Recovery May 16, 2023 The New Zealand government said on Sunday it was allocating NZ$1.1 billion ($720 million) to help communities recover from a...
People Moves: Gallagher Re Names Kerton as CEO for UK Region, Succeeding Wakefield; Swiss Re Corporate Solutions Promotes Hall for UK, Ireland, S. Africa, EMEA Wholesale May 15, 2023 This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions. A summary of these...
AXA’s Capital Buffers Beat Expectations as Q1 Sales Rise May 15, 2023 AXA, Europe’s second-biggest insurance company, posted a better-than-expected key capital buffer measure in the first quarter, reassuring investors on its...
Posing as Islamists, Russian Hackers Take Aim at Sweden May 15, 2023 By Jordan Robertson and Niclas Rolander Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and banks with...
EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe May 15, 2023 By Jillian Deutsch and Alberto Nardelli The European Union is weighing a plan that would require cloud providers to store all of their data within the...