Floods in Indonesia’s Capital Displace Thousands, Shut Factories March 5, 2025 By Norman Harsono and Eko Listiyorini Torrential rain triggered heavy flooding in Indonesia’s capital Jakarta and nearby cities, affecting more than 60,000 people and shutting down...
Marsh Acquires Milan-Based Brokerage Fontana Rava-Toscano & Partners March 5, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced that it has acquired Fontana Rava-Toscano & Partners (FRT), a Milan-based...
Australia’s Insured Losses From Cyclone Alfred Could Top US$1.3 Billion: S&P March 5, 2025 Australia’s largest property and casualty (P/C) insurers should be well placed to manage claims stemming from tropical cyclone Alfred, which...
Scientists Predict Major Quake in Chile’s Mineral-Rich North March 5, 2025 Fifteen years ago on February 27, a devastating 8.8 magnitude quake struck southern Chile off the coast of Concepcion, shaking...
Cyclone Forces Australian Evacuations as Brisbane Braces for Hit March 5, 2025 By Jason Scott Millions of Australians are bracing for a direct hit from a tropical cyclone heading toward the nation’s third-biggest city, with...
People Moves: Wilson Named Deputy Chair of Argenta Syndicate Mgmt as Whiter Steps Down; Specialty MGA UK Hires Hussain as Head of Political, Credit Risk March 4, 2025 This edition of International People Moves details appointments at Argenta Syndicate Management and Specialty MGA UK. A summary of these...
Hazardous Cargo Secured From Ship Grounded on Canada’s East Coast March 4, 2025 By Alex Longley and Melissa Shin The hazardous cargo and fuel on a ship that ran aground in Canada last month has been contained, according to...
UK’s Specialist Risk Group Acquires Specialist Schemes Broker, Brentacre Insurance March 4, 2025 Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Brentacre Insurance, a specialist broker with deep expertise...
Brookfield to Enter UK Pension Insurance Mkt as Companies Offload Pension Liabilities March 4, 2025 By Tommy Reggiori Wilkes Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks...
Australia Braces for Rare Cyclone to Hit Busy East Coast March 4, 2025 By Rob Verdonck and Mary Hui A large swathe of Australia’s east coast is preparing for strong winds and life-threatening flooding from a tropical cyclone that’s...