Burnt-Out Cargo Ship With Luxury Cars Sinks Off Portugal’s Azores March 1, 2022 LISBON — A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the...
Major Investors to Settle, End Suits Against Allianz Over Losses in Funds Collapse March 1, 2022 By Tom Sims and Jonathan Stempel A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over...
Indian Court Blocks Struggling Future Enterprises Sale of Stake in Insurer Generali March 1, 2022 By Aditya Kalra and Abhirup Roy An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s...
UK’s Howden to Acquire Major Italian Broker Assiteca March 1, 2022 Global insurance intermediary Howden Group Holdings has agreed to acquire a major Italian insurance broker, Assiteca. Howden plans to acquire...
Aon Acquires Tyche Actuarial Platform to Expand Insurance Consulting March 1, 2022 Global insurance and professional services firm Aon has acquired actuarial software platform Tyche from technology and software firm RPC Tyche....
‘Delay Means Death’ – UN Report Warns Window for Climate Action Is Rapidly Closing March 1, 2022 By Gloria Dickie, Andrea Januta and Jake Spring Climate change is already disrupting billions of lives and humanity is not doing enough to limit the suffering, the United...
Toyota Suspends Tokyo Factory Operations After Suspected Cyber Attack March 1, 2022 Toyota Motor Corp. said it will suspend domestic factory operations on Tuesday, losing around 13,000 cars of output, after a...
Riskonnect Acquires UK Risk Management Software Firm Sword GRC February 28, 2022 Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in...
Facing Antitrust Charges, Irish Insurer Group to Unlock Platform for Nonmembers February 28, 2022 By Foo Yun Chee Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to nonmembers and apply fair criteria...
People Moves: Rosa Appointed CEO of Euler Hermes Agency; Gallagher Re Adds Aon’s LaPalme; Marsh Hires Lipinska, Cobb February 28, 2022 This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh. A summary of these new...