Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A October 3, 2019 By Sonia Sirletti and Francine Lacqua Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions...
Markel International Sells Brazilian Insurance Business to Executive Team October 2, 2019 Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in...
Bridge in Eastern Taiwan Collapses; Divers Search for Victims October 2, 2019 By Ralph Jennings A towering arch bridge over a bay in eastern Taiwan collapsed Tuesday, sending a burning oil tanker truck falling onto...
Willis Re Specialty Taps Aspen’s Harrell as Managing Director & Chief Operating Officer October 2, 2019 Reinsurance broker Willis Re announced the appointment, with immediate effect, of Donald Harrell as managing director & chief operating officer...
Arthur J. Gallagher & Co. Acquires U.K.’s Anthony Hodges Consulting Ltd. October 2, 2019 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Anthony Hodges Consulting Ltd. (AHC) in...
Canada Insurer Intact Financial Corp. Completes Acquisition of On Side Restoration October 2, 2019 Intact Financial Corp., the Toronto-based property and casualty insurer, announced it has completed the acquisition of On Side Developments Ltd.,...
UK PM’s Ultimatum to EU: Negotiate Brexit on His Terms, or Face No-Deal Divorce October 2, 2019 By Robert Hutton and Kitty Donaldson Boris Johnson is poised to issue an ultimatum to the European Union on Wednesday: negotiate Brexit on his terms within...
Buffett-Owned Chemical Firm Lubrizol Faces Lawsuits After Fire in Rouen, France October 2, 2019 More than 5,250 tonnes of chemicals, oil and fuel additives have burned in a massive fire at U.S. specialty chemical...
Update: Hurricane Lorenzo Loses Power but Swells in Size as It Heads Toward Ireland October 2, 2019 By Brian K. Sullivan Hurricane Lorenzo, the largest storm ever to roam the Eastern Atlantic, is forecast to strike the heart of Ireland’s west...
Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA October 1, 2019 By Pamela Barbaglia, Alexander Hübner and Jesús Aguado German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources...