Korean Insurer Plans to Boost Overseas Investments to Escape Low-Yield Trap October 8, 2019 By Hooyeon Kim, Daedo Kim and Whanwoong Choi South Korea’s third-largest life insurer plans to boost overseas investments to almost a third of total assets, joining the growing...
Norway’s Equinor Still Gauging Extent of Oil Spill at Bahamas Terminal After Dorian October 8, 2019 Norway’s Equinor is still assessing the devastation and level of pollution at its oil terminal in the Bahamas, one month...
Arthur J. Gallagher & Co. Completes Purchase of Minority Stake in Prague’s Renomia October 8, 2019 Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague,...
Guy Carpenter Names Guerriero as Interim Head of International Facultative Operations October 7, 2019 Guy Carpenter & Co., the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Cos., announced that Frank Guerriero...
Hub International Acquires Ontario-Based ProCorp Financial October 7, 2019 Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc. Terms of the transaction were...
Brexit Talks Stall as EU Leaders Cast Doubt on Reaching Deal by Oct. 31 October 7, 2019 By Alex Morales Prospects of a Brexit deal faded after talks between the two sides stalled and European leaders cast doubt on reaching...
City of Vancouver Files Lawsuit Against Major Opioid Producers, Suppliers October 7, 2019 The city of Vancouver has filed a lawsuit against major opioid producers and suppliers, joining a long list of cities...
U.K. Personal Lines Insurers May Face Curbs on Price Hikes Slapped on Renewal Policies October 7, 2019 By Will Hadfield U.K. home and car insurers could be stopped from jacking up prices when customers’ policies come up for renewal as...
Hurricane Dorian Caused More Than C$105M in Insured Damage to Atlantic Canada October 7, 2019 Hurricane Dorian hit Atlantic Canada on Sept. 7 causing more than C$105 million (US$78.9 million) in insured damage, said Insurance...
Powerful Typhoon Mitag Lashes South Korea, Leaving 9 Dead October 4, 2019 A powerful typhoon has lashed southern South Korea, with authorities saying Thursday that the storm left nine people dead and...