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...
Arthur J. Gallagher & Co. Acquires New Zealand-Based RMA General Ltd. March 4, 2025 Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking...
Gender Pay Gap Endures in Australia’s Financial and Insurance Sectors March 4, 2025 By Amy Bainbridge and Nasteho Said Pay for women and men at firms in Australia’s financial and insurance services sector remains among the most unequal, according...
Italian Businessman Caltagirone Raises Stake in Generali to 8%, MF Daily Says March 4, 2025 Italian businessman Francesco Gaetano Caltagirone has recently raised his stake in insurer Generali to 8%, MF newspaper reported on Tuesday,...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets March 3, 2025 By Manuel Baigorri Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help...
Price Forbes Re Taps Aon’s Power for Alternative Risk and Capital Solutions; AXA XL Promotes Kilshaw as Head of Broker Mgmt., Alternative Distribution, UK & Lloyd’s March 3, 2025 This edition of International People Moves details appointments at Price Forbes Re and AXA XL. A summary of these new...
UK Terrorism Reinsurer Pool Re Completes Expanded Retrocession Placement of £2.75B March 3, 2025 Pool Re, Britain’s government-backed terrorism reinsurer, has completed placement of a new retrocession programme with more than 60 international reinsurers....
Japan Battles Worst Wildfire in 40 Years Amid Record Dry Season March 3, 2025 By Will Wade Japan is battling its worst wildfire in four decades, forcing thousands of people to flee amid some of the driest...
South Korea’s New Lithium Battery Rules on Planes Highlight Growing Risk for Aviation March 3, 2025 By Lisa Barrington South Korea tightened rules on carrying lithium batteries on planes from Saturday, highlighting a growing risk to flights worldwide from...
Optio Group Acquires Norwegian-Based Marine Hull Specialist MGA, S Insurance March 3, 2025 Optio Group, the London-based independent specialty MGA, announced it has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an...