New Dawn Risk Group, the London-based broker, announced the launch of its new European subsidiary, New Dawn Risk (Europe), headquartered in Malta. Like its parent company, New Dawn Risk (Europe) focuses on insurance broking for financial and professional lines. The …
Hub International Ltd., a Chicago-based broker and financial services firm, announced it has completed the acquisition of the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc. Terms of the transaction were not disclosed. …
Singapore plans to review its strategy to further safeguard the country against cyber attacks, and may also revise its laws in this area. An updated strategy would give businesses and people better tools to deal with cybersecurity, Josephine Teo, the …
A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It may be operating out of Moscow’s tallest skyscraper …
After two deadly dam disasters that made Vale SA a pariah of the global green movement, Brazil’s largest mining company is striving to put the environment and climate at the heart of its business, Chief Executive Eduardo Bartolomeo told Reuters. …
Marsh, the world’s leading insurance broker and risk adviser, announced the appointment of David Bruce as CEO, Marsh Commercial. Subject to regulatory approval, Bruce is expected to take up the position on Jan. 1, 2022 and will also join Marsh’s …
LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as “perishable goods”, alongside cattle, by the market’s underwriters. Lloyd’s …
This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Ed Bermuda Names Marsh’s Juul as Head of Casualty Ed, the London-based reinsurance, …
The UK’s Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the treaty reinsurance business of Willis Towers Watson by Arthur J. Gallagher & Co. In a brief statement, which says the probe was …
Swiss Re estimated total insured market losses of the insurance industry due to the July floods in Europe at approximately US$12 billion. The insurer also updated its own loss estimate for the July floods at approximately US$520 million. Mid-July’s intense …
