Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report August 6, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the...
Howden Re Granted License to Operate From Dubai International Financial Centre August 6, 2025 Howden Re, the global reinsurance brokerage arm of Howden Group, announced it has secured a full reinsurance license from the...
Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services August 6, 2025 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of...
UK Firms Hire Contractors Instead of Employees to Cut Tax Bills August 6, 2025 By Irina Anghel UK businesses are turning to the self-employed in an effort to rein in costs as they try to navigate Chancellor...
Third Point UK Investors Should Reject Reinsurance Deal, ISS Says August 5, 2025 By Leonard Kehnscherper Shareholders of the UK investment trust run by Dan Loeb’s hedge fund Third Point should reject its plan to turn...
People Moves: Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End; Aon Promotes Laing and Moore in Reinsurance Leadership Team August 5, 2025 This edition of International People Moves details appointments at Berkley Re UK and Aon. A summary of these new hires...
Business Moves: Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas; UIB International Sells Minority Stake in UIB Insurance Brokers (India) August 5, 2025 Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas J.C. Flowers & Co. (JCF), a private equity investment firm...
Hong Kong Sets Rainfall Record as Deluge Disrupts Flights August 5, 2025 By Mary Hui, Sangmi Cha and Danny Lee Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays...
Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand August 5, 2025 By Dan Catchpole, Shivansh Tiwary and Anshuman Tripathy Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million...
Beijing Faces More Torrential Rainfall Days After Deadly Floods August 4, 2025 By Mary Hui Beijing is getting drenched by another round of heavy rain, one week after torrential downpours across parts of the Chinese...