Price of credit default swaps rise in number of Gulf states
The cost of insuring against sovereign debt defaults, via credit default swaps (CDS), in Gulf states has risen in the…
Davies to acquire US claims service provider Premier Claims Management
Davies is to acquire Premier Claims Management (PCM), a US claims service provider specialising in professional and general liability claims.…
New rules offer Europe’s captives a mix of relief and challenges: AM Best
European captives face new regulatory challenges and added costs from cybersecurity rules imposed by DORA from January 2025 on the…
Climate change cost insurers $600bn over past two decades, says campaign group
The insurance industry is fundamentally underestimating the impact of climate change, with more than a third of insured weather losses…
Gallagher to ramp up M&As after buying AssuredPartners for $13.45bn
Arthur J. Gallagher’s all-cash $13.45bn deal to buy AssuredPartners will add $2.9bn in annual revenue and 10,900 staff to the…
New business transformation and technical excellence unit for GC&C
Generali Global Corporate & Commercial (GC&C) has established a business transformation & technical excellence unit. GC&C said this new structure…
