Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers) April 14, 2021 Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit...
EU Antitrust Regulators Extend Deadline to July 27 for Decision on Aon-Willis Deal April 14, 2021 BRUSSELS – European Union antitrust regulators have extended until July 27 the deadline for their decision on Aon’s $30 billion...
Russia Vulnerable to Climate Change, Causing Expensive Natural Disasters April 14, 2021 By Olga Tanas and Dina Khrennikova The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to...
7 European Countries Commit to Halt Export Finance for Fossil Fuel Projects April 14, 2021 Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel...
Aon’s Concessions to EU May Not Be Enough to Close $30B Willis Deal: Sources April 14, 2021 By Foo Yun Chee BRUSSELS – Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance...
Cyclone Seroja Damages Towns in Western Australia with Strongest Winds in 50 Years April 14, 2021 PERTH, Australia (AP) – A destructive cyclone has damaged several towns on Australia’s western coast, shattering windows, snapping trees and...
British Cyber Security Company Darktrace Plans $4 Billion London Listing April 13, 2021 By Paul Sandle and Abhinav Ramnarayan LONDON – Darktrace, the British cyber security firm backed by tech entrepreneur Mike Lynch, fired the gun on its $4...
Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments April 13, 2021 Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for...
Broker BMS Launches Analytics Platform to Support Clients’ Risk Transfer Goals April 13, 2021 BMS, the London-based independent specialist insurance and reinsurance broker, announced the launch of an analytics platform called Pathlight AnalyticsTM. The...
Update: Egypt Seizes Container Ship that Blocked Suez, Pending $916M Compensation April 13, 2021 By Tarek El-Tablawy and Alex Longley Egypt seized a giant container vessel that blocked the Suez Canal last month as it sought compensation of more than...