Clear Group Acquires Lilley Plummer Risks, Entering Wholesale Lloyd’s Broker Space October 29, 2024 Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the...
Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK October 29, 2024 The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for...
Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon October 29, 2024 By L.S. Howard The third quarter of 2024 saw a significant number of natural disaster events, which drove year-to date economic losses above...
WTW Launches Insurance Brokerage Service in Japan October 29, 2024 WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance...
Brookfield Hires Head for Entry Into Japan Reinsurance Market October 29, 2024 Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as...
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’ October 29, 2024 By Tony Buckle and John Carolin Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface...
China Is Scanning Canada’s Cyber Defenses, State Watchdog Warns October 28, 2024 By Thomas Seal The Canadian government warned Friday that “a sophisticated state-sponsored threat actor from the People’s Republic of China” has been scanning...
IGI Expands in London Underwriting Hub Into Larger Offices October 28, 2024 International General Insurance Holdings Ltd. announced it will move its London operations to new offices on the 15th floor of...
People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking October 28, 2024 This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new...
UN Climate Chief Warns of Looming ‘Trainwreck’ as 1.5C Warming Limit in Doubt October 28, 2024 By John Ainger The world is on course to miss a target for cutting emissions this decade by an overwhelming amount, new UN...