Reinsurance
Insurance Broker Gallagher Seals Deal to Acquire Willis Re
Insurance broker Arthur J Gallagher & Co said on Friday it had agreed to buy the treaty reinsurance brokerage business of Willis Towers Watson for an initial consideration of $3.25 billion. The ...
Executives On The Move at AXA XL and Willis Towers Watson
AXA XL appointed an executive to handle Political Risk and other business lines. Willis Towers Watson named a new Head of Broking for North America.***
AXA XL has ...
Bayer Loses Yet Another Appeal of Roundup Weed Killer Cancer Verdict
Bayer AG's Roundup woes deepened as it lost another appeal of a jury verdict finding its weed killer causes cancer, the company's third consecutive appeals court loss of the cases that have gone to ...
There’s Some Progress in the Global Battle to Reduce Cyber Risks: Aon
Despite the worsening cybersecurity climate, there's been some global progress in developing strategies to reduce risk, a new Aon report asserts. "We are seeing a new level of collaboration between ...
Who Is Returning to the Office? Carrier Management Wants to Know
Carrier Management wants to know when, and if, you're planning a return to the office after more than 18 months and counting of the COVID-19 pandemic. Some carriers and other companies in the ...
InsurTechs Targeting Car Insurance Comparisons, Reinsurance and Income Protection Raised New Financing
Jerry, a digital car insurance comparison-and-buy startup, raised $75 million in new financing designed to fuel a broader expansion. Vesttoo, an Alternative Reinsurance and Investment platform, ...
Munich Re Said It Will Meet 2021 Profit Goals Even as COVID-19 Costs Grow
German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast for gross premiums and predicted higher pandemic-related losses than previously ...
China’s Unpredictable Regulatory Measures Make Investors Wary
The unpredictability of China's regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education ...