BMS to Get £355M Investment From PE Firm Eurazeo, Which Will Take BMS Stake January 3, 2023 BMS Group, the London-based independent specialty insurance and reinsurance broker, announced it has signed an agreement with private equity firm...
Quebec’s French-First Law Stokes Alarm in Business Community Over Language Police January 3, 2023 By Mathieu Dion Businesses in Quebec are looking at all the usual hurdles as they plan for next year: Inflation, supply chains, employee...
Howden Buys Spanish Broker March Risk Solutions, Forms Alliance With Banca March January 3, 2023 Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.)...
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters December 30, 2022 By Ritsuko Shimizu and Yuka Obayashi Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war...
Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter December 30, 2022 Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on...
2022 Will Be UK’s Warmest Year on Record: Met Office December 29, 2022 This year will be the warmest year on record for the UK, according to the Met Office. The annual average...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG? December 29, 2022 By Yuka Obayashi Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from...
Exxon Sues to Force EU to Scrap New Windfall Profits Tax on Oil Companies December 29, 2022 U.S. oil major Exxon Mobil Corp. is suing the European Union in a bid to force it to scrap the...
Top 10 International Insurance Journal Stories of 2022 December 29, 2022 By L.S. Howard As we reach the end of another eventful year, Insurance Journal takes a look back at some of the top...
AM Best Gives A+ Rating to PartnerRe’s New MGA-Driven Insurance Ops December 29, 2022 AM Best has assigned an A+ financial strength rating of A+ (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins...