International
Lloyd’s Must Confront Past Steeped in Slavery
British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of those vessels, the people chained below deck sometimes categorized as ...
Gallagher Deal to Buy Willis Re Faces UK Govt. Probe
The UK's Competition and Markets Authority (CMA) said today that it is investigating the anticipated acquisition of the Treaty Reinsurance business of Willis Towers Watson by Arthur J. Gallagher ...
Undaunted by Delta, Carriers and InsurTechs Proceed Cautiously With Hybrid Home/Office Work Plans
Delta may have damaged post-pandemic return-to-office plans for many industries. For insurers, it appears to be a different story. Large numbers of companies in many industries plotted a return to ...
Two Activist Investors Reportedly Take Stakes in Willis Towers Watson: WSJ
Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the Wall Street Journal reported on Thursday, citing people familiar ...
The Global Construction Industry’s Climate Change Responses Could Drive New Opportunities: Marsh
Climate change and the race to net zero greenhouse gas emissions are arguably the greatest challenges that face the construction industry — but they will drive new opportunities, according to a ...
Allianz Transfers Legacy Life Portfolio to Resolution Re
Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a reserve volume of around 4 billion Swiss francs ($4.3 billion). Using quota ...
Cyber Rates Could Double Within Two Years as Attacks Soar: S&P
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber re/insurance, according to a report ...
Britain’s Financial Sector Wants Relaxed Visa Requirements for Overseas Staff
Britain's financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global ...