Specialty Lines MGA Ensurance Completes New Capacity Deal with AXA February 19, 2021 Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its...
Allianz’ 2020 Operating Profit Drops 9.3% in First Decline Since 2011 February 19, 2021 FRANKFURT – German insurer Allianz posted its first fall in annual operating profit in nearly a decade on Friday on...
Global Insurance M&A Activity Expected to Soar in 2021 February 18, 2021 There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous...
Global Risk Partners Agrees to Acquire Marsh’s UK Networks Business February 18, 2021 Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance...
Boeing Issues Global Safety Warning to Pilots in Wake of Indonesian 737 Crash February 18, 2021 By Alan Levin Boeing Co. has issued a safety bulletin reminding pilots of the steps required to ensure they maintain control of their...
France to Boost Cyber Security Defenses After Attacks February 18, 2021 By Ania Nussbaum President Emmanuel Macron announced new investment to bolster France’s cyber security defenses after two hospitals were struck by ransomware and...
Collapse of Stack at ArcelorMittal South Africa’s Steel Plant Kills 3 February 18, 2021 JOHANNESBURG – The bodies of three workers were found overnight at ArcelorMittal South Africa’s Vanderbijlpark Works, after the collapse of...
HDI Global Resets International Strategy for Liability Line, Expands Management Team February 18, 2021 HDI Global SE (HDI) is resetting the strategy of its Liability Line and is expanding its management team that reports...
Australia Regulator Raises Antitrust Concerns over $30B Aon-Willis Towers Watson Deal February 18, 2021 Australia’s competition regulator on Thursday raised initial concerns over Aon’s $30 billion bid for Willis Towers Watson to create the...
Internet of Things Devices Increase Risk of Cyber Attacks on Industrial Sector: Lloyd’s February 17, 2021 Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a...