Ransomware Operators Expected to Become More Aggressive: Canada Spy Agency December 7, 2021 Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to...
Ireland Braces for ‘Weather Bomb’ With Violent Winds and Rain From Storm Barra December 7, 2021 By Morwenna Coniam Ireland braced for a so-called weather bomb, with Storm Barra’s violent winds and rain slamming the country Tuesday and Wednesday....
Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments December 7, 2021 By Denise Wee AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure...
Willis Towers Watson Acquires Sydney-Based Aviation Broker Aerosure December 6, 2021 Insurance broker Willis Towers Watson announced the acquisition of Aerosure, a leading aviation industry specialist, focused on the Australia, New...
People Moves: Bowring Marsh Promotes Mayhew to CEO, UK & Ireland; Miller Bolsters Renewables Offering With 2 Hires From Willis December 6, 2021 This edition of International People Moves details appointments at brokers Bowring Marsh and Miller. A summary of these new hires...
Italian Tycoons’ Challenge to Generali Hinges on Its Strategy for Asset Management December 6, 2021 By Alessandro Speciale The two Italian billionaires who are challenging Mediobanca SpA’s decades-long grip over Assicurazioni Generali SpA want Italy’s largest insurer to...
Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE December 6, 2021 Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA)...
UK Broker Aston Lark Acquires Client Book of Choice Benefits December 6, 2021 Aston Lark, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced the...
Sedgwick Acquires Belgian Engineering Consultancy ABESIM B.V. December 3, 2021 Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired ABESIM B.V. in Belgium....
Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog December 3, 2021 By Huw Jones The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and...