PwC to Create 100,000 New Jobs to Help Clients Grappling with ESG Reporting June 16, 2021 By Jessica DiNapoli Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed...
Britain Calls on EU to Open Financial Services Talks, Urging Bloc to Avoid Protectionism June 16, 2021 By Huw Jones Britain’s finance ministry called on the European Union to open talks on financial services, after the London Stock Exchange on...
People Moves: Carpenter Hires AXA XL’s Gressier; Aon’s Bisset to Lockton Re’s Global Retro Unit; BHSI Canada Promotes Knight June 15, 2021 This wrap-up of international People Moves details recent appointments at reinsurance brokers Guy Carpenter & Co. and Lockton Re and...
Broker Verlingue Consolidates European Brand by Launching in Switzerland and Portugal June 15, 2021 Verlingue, the Adelaïde Group’s insurance brokerage subsidiary, is consolidating its brand in Switzerland and Portugal. After the successful launch of...
Gas Buildup at China Nuclear Plant Prompts Questions from Part Owner EDF June 15, 2021 By Francois de Beaupuy, Dan Murtaugh and Derek Wallbank The French utility that partly owns a nuclear power plant near Hong Kong is seeking more information on a gas...
Danish Wind Giant Finds Unique Solution for Cable Problem Affecting Offshore Farms June 15, 2021 By William Mathis The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem....
Arthur J. Gallagher Buys Remaining Stake in Hesse & Partner and Hesse Consulting June 15, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired the remaining shares of specialist Swiss...
Major UK Asset Manager Divests from Insurer AIG over Climate Policies June 15, 2021 By Alastair Marsh Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming...
Russia Fights Wildfires in Siberia and the Far East June 15, 2021 Russian emergency workers fought wildfires burning Sunday on more than 550 square kilometers (212 square miles) of territory mostly in...
Acrisure Re Launches Cyber Reinsurance Division in Partnership with Kovrr June 14, 2021 Reinsurance broker Acrisure Re has launched a London-based cyber division in partnership with cyber risk modeler Kovrr. Headed by Cyber...