Oliver Wyman opens new Actuarial office in Bermuda, appoints leader
Oliver Wyman, a global management consulting firm and business of Marsh McLennan has announced the opening of a new Actuarial office in Bermuda.
Lockton makes key hires to expand Lawyers Professional Liability Practice
Insurance broker Lockton has announced that Eric Braverman and Eric Bill are joining the firm to build out its Lawyers Professional Liability Practice.
Proposed March 4 tariffs loom over auto industry
Looming tariff concerns continue to pressure the U.S. equipment and automotive industry, with another round of tariffs set to begin…
Gallagher buys specialty entertainment broker
Agents and Brokers, Mergers and Acquisitions Arthur J. Gallagher & Co.
ABN Amro on alert as supplier hit by ransomware attack
ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier.
Willis Towers Watson names construction broking leader
Agents and Brokers, Cannabis, Construction, Intellectual Property, P/C Insurers, Property Willis Towers Watson
Veros Credit to open service center in Texas
Veros Credit said it still is enjoying exponential growth while navigating through today’s challenging macroeconomic landscape. To enrich its footprint in Texas, Veros Credit announced last week that it is slated to open a dealer and customer service center in … [Read More]
From the editor: NARS highlights intriguing thoughts from finance companies & repo agents
Tip of the conference cap to the American Recovery Association and the North American Repossessors Summit planning committee. They scheduled a pair of intriguing panel discussions to begin the 2022 edition of NARS, which unfolded for the first time at … [Read More]
Trump to exempt car parts from Tariffs on China imports, FT says
The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the…
Liberty Mutual cites investment market volatility & loss cost inflation amid Q2 loss
Re/insurer Liberty Mutual Holding Company has fallen to a net loss of $343 million for the second-quarter of 2022 on the back of investment market volatility and elevated catastrophe losses.
Nasdaq and AWS unveil capital markets infrastructure blueprint
Nasdaq and AWS have joined forces to bring the benefits of cloud to market operators around the world.
DBS Bank and Bank of China customer records compromised in ransomware attack
The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.
IBISA raises $3m to expand parametric insurance offering in Asia & Africa
IBISA, the global climate insurtech, has successfully closed a $3 million funding round, with the proceeds set to go towards scaling its parametric insurance solutions for weather-related risks in Asia and Africa.
SC Ventures and Fujitsu form quantum computing partnership
Standard Chartered Bank’s SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing from the research stage to commercial use in financial services.