Reinsurance
Marsh & McLennan Closes $5.6B JLT Acquisition
Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). "Today marks the beginning of a new era with Marsh & McLennan and JLT coming ...
Ethiopian Airlines Crash Could Become Largest Non-War Aviation Reinsurance Claim on Record: Willis Re
Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers' ...
Extreme Weather Makes Weather Trackers Valuable to Insurers, Banks, Commodity Traders
Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. The senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an ...
Germany’s Merkel Dives Into Brexit Process to Help Shield EU From UK Turmoil
Angela Merkel will this week stage her most significant intervention in the Brexit process in more than two years, as the European Union moves to shield itself from the fallout of political chaos in ...
Leaving Your Work Silos in Place Can Contribute to Dishonest Company Culture
Executives might want to try harder to make sure their companies' various silos communicate and work better together with each other. That's because poor "cross-functional collaboration" can lead to ...
Crop Insurance Planting Deadlines Stressed by Massive U.S. Farmland Flooding: Reuters
At least 1 million acres (405,000 hectares) of U.S. farmland were flooded after the "bomb cyclone" storm left wide swaths of nine major grain producing states under water this month, satellite data ...
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members
An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing ...
Another, Last-Ditch Brexit Parliament Vote Is Coming
Theresa May is making a desperate push to get her Brexit deal approved in Parliament to avoid a huge delay to Britain's divorce from the EU, even though she's facing what seem to be impossible odds. ...