RiverStone International Appoints Pritchard as UK CEO RiverStone International Holdings, the legacy acquisition company, announced the appointment of Charlotte Pritchard as UK CEO, effective January 5, subject to regulatory approval. Pritchard succeeds Andrew Creed who will become group president (also …
People Moves: RiverStone International Appoints Pritchard as UK CEO Read More »
Acrisure co-founder CEO Greg Williams is giving back to his alma mater in a major way. Michigan State University announced Williams and his wife are committing $401 million to the university, with most of the donation going towards the school’s …
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University Read More »
Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV from Ryan Specialty. Financial terms were not disclosed. Arena is a leader in the Belgian sports insurance market, providing cover …
Marsh this week announced it has hired Tom Srail its cyber analytics and digital infrastructure leader for the U.S. and Canada. Srail had spend the last 21 years with WTW, mostly recently as executive vice president of its global cyber …
Longtime WTW Cyber Risk Leader Heads to Marsh Read More »
Private equity firms EQT AB, PAI Partners and Stone Point have been shortlisted in the bidding for German insurance brokerage Global Group, people familiar with the matter said. Global Group, which is backed by buyout firm Castik Capital, could fetch …
PE Firms EQT, PAI Among Bidders for €2 Billion Insurance Broker Global Read More »
A U.S. agency said on Thursday it has asked Waymo to answer more questions after Texas officials said the Alphabet GOOGL.O unit’s self-driving vehicles had illegally passed school buses 19 times in recorded incidents since the start of the school …
Agency Probes Reports Waymo Self-Driving Cars Illegally Passed School Buses in Texas Read More »
The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the artificial intelligence startup was copying, distributing and displaying millions of its articles without permission. The startup has become a target of multiple legal disputes and …
New York Times Sues Perplexity AI for ‘Illegal’ Copying of Content Read More »
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Nazareth Mutual Insurance Co., based …
AM Best Revises Outlook to Negative for Nazareth Mutual Read More »
Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was aiming for group net income of $4.5 billion next year, up …
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations Read More »
Standard Chartered Plc has settled an investor lawsuit worth £1.5 billion ($2 billion) over allegations it systematically breached sanctions against Iran to win new business. In a London Court of Appeal ruling over disclosure published on Friday, the judge acknowledged …
Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London Read More »
