Aviva to Return at Least $5.6 Billion to Investors Following Non-Core Asset Sales August 12, 2021 By Benjamin Robertson Aviva Plc plans to return at least 4 billion pounds ($5.6 billion) to investors using proceeds from the recent sale...
Arthur J. Gallagher & Co. Acquires Majority Stake in Turkish Specialty Broker August 12, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty...
China’s Extreme Weather Provides Wake-Up Call for Under-Insured Local Authorities August 12, 2021 BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local...
New MGA Hoxton Insurance Services Offers Mid/High Net Worth Personal Lines Cover August 11, 2021 Hoxton Insurance Services, a new managing general agent (MGA) that trades exclusively through brokers, has been launched by MGA specialist,...
People Moves: Gallagher Names Hughes as Aerospace Consultant; Tokio Marine HCC Hires Faubert for Credit & Political Risk; Enstar’s CFO to Step Down August 11, 2021 This edition of International People Moves covers appointments for broker Gallagher in London, for insurer Tokio Marine HCC – Credit...
Lockton Re Partners with Nephila Capital to Launch Automated ILS Placement Solution August 11, 2021 Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced a first-of-its-kind, digital capability...
Insurance Becomes Top Operating Cost Concern for Small Canadian Firms: Survey August 11, 2021 Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their...
Massive Wildfire Devours Forests on Greek Island of Evia August 11, 2021 By Elena Becatoros ATHENS, Greece (AP) – A massive wildfire burning for days on the northern tip of Greece’s second largest island continued...
Alibaba Scandal Sparks #MeToo Reverberations in C-Suites Across China August 11, 2021 By Coco Liu and Zheping Huang Few paid much attention when she first turned up at the center of Alibaba Group Holding Ltd.’s packed cafeteria on...
People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe August 10, 2021 This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A...