Monthly Archives: <span>April 2018</span>

Marsh Appoints Denny as UK Financial & Professional Practice Leader

Marsh announced the appointment of Paul Denny as UK Financial and Professional Practice (FINPRO) Leader. Denny reports to Paul Moody, CEO of Marsh’s UK Specialties Division. Denny joined Marsh in 1989 and held senior roles in the firm’s London, Boston …

Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield

Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. Indeed, capital levels stood at US$605 billion at Dec. 31, …

The Reason You Only Need One Auto Policy

This weekend was really good one for one of my sons. He got the all-too-rare opportunity to go see his girlfriend (who lives almost 350 miles from us). They both work and go to school, so their time is super …

Regulators Had Concerns About Engine Type That Blew in Southwest Plane

European regulators this month began requiring an inspection by early next year of the type of engine that blew apart on a fatal Southwest Airlines flight on Tuesday, and a source said U.S. regulators were near a similar rule. The …

Malaysia’s Maybank Plans to Spin Off Etiqa Insurance Unit: Sources

Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, is preparing to spin off and list its Etiqa insurance arm on the local stock exchange, sources with knowledge of the matter said on Wednesday. Etiqa, which operates in Malaysia, Singapore, the Philippines …

Explaining Ant Financial’s $150B Valuation – and Investor Enthusiasm for China Tech

Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly valuations can shift. Just two months ago, bankers …

Facebook Begins Complying with EU’s Privacy Rules; Global Users to Be Protected

Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere else, the company said it will provide the same protections to the rest of its 2 billion users. Users in …

InfoWars Host Jones Faces Defamation Suit by Sandy Hook Victims’ Families

The parents of two children killed at Sandy Hook elementary school in 2012 sued Alex Jones, the host of InfoWars, who had derided the shooting as fake and possibly staged by the government. Leonard Pozner and Veronique De La Rosa, …

Fearing Collisions, Airlines Support Global Drone Registry

Concerned by a rise in near collisions by unmanned aircraft and commercial jets, the world’s airlines back development of a United Nations-led global registry for drones, an executive of their trade group said on Tuesday. The International Air Transport Association …

Bosley Appointed VP of Alabama-Based Agency S.S. Nesbitt

S.S. Nesbitt (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Jason Bosley as vice president in the property and casualty insurance practice. Bosley began as an underwriter with Travelers and later spent more than …