EU Warns of New Wave of Consumer Scams Amid COVID Resurgence November 9, 2020 By John Chalmers The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the...
Arthur J. Gallagher & Co. Acquires Canada’s Optimum Talent Inc. November 6, 2020 Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based Optimum Talent Inc. Terms of the transaction were not...
The $9.5 Billion Takeover Offer for RSA May Be Too Good to Refuse: Opinion November 6, 2020 By Chris Hughes, Bloomberg Opinion A takeover offer that would have been so-so in February becomes impossible to refuse for a company whose shares have...
Weakened Storm Eta Moves over Honduras with Heavy Rains. Next Stop Cuba, Florida? November 6, 2020 By Marlon Gonzalez TEGUCIGALPA, Honduras – Eta is moving over Honduras as a weakened tropical depression but still bringing the heavy rains that...
Q3 Global Commercial Insurance Pricing Rockets 20% Higher: Marsh November 6, 2020 Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes...
Allianz Reports Unexpected Increase in Q3 Net Profit of 6% November 6, 2020 German insurer Allianz on Friday declined to provide a forecast for 2020 given uncertainty around the COVID-19 pandemic, despite delivering...
Update: UK Insurer RSA Receives $9.4B Takeover Offer From Intact Financial, Tryg November 5, 2020 By Carolyn Cohn and Pamela Barbaglia RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up...
Arthur J. Gallagher & Co. Buys Australia’s Effectus Consulting Pty Ltd. November 5, 2020 Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were...
Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava November 5, 2020 AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based...
Lloyd’s Drops Plan to Form Electronic Exchanges, Opting to Work with Existing Platforms November 5, 2020 By Carolyn Cohn Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing...