Marsh & McLennan Cos. (MMC) and Jardine Lloyd Thompson (JLT) have entered into an agreement to sell JLT’s aerospace business to Arthur J. Gallagher. The agreement provides for the acquisition of all assets within JLT’s global aerospace retail and wholesale …
Randall & Quilter Investment Holdings Ltd. announced it has completed the acquisition of the entire issued share capital of UK-based Nationale-Nederlanden Internationale Schadeverzekering SE (NNIS) from its owners NN Group. NNIS was transferred from the Netherlands to the UK in …
Arch Capital Group Ltd. said it has made some strategic leadership changes affecting innovation and investment, and mortgage insurance. The Bermuda-based specialty insurer and reinsurer named Andrew Rippert as chief Innovation and strategic investment officer, a newly created position. He …
When Quadriga Fintech Solutions Corp. founder Gerald Cotten died, account holders feared the encrypted access keys needed to recover C$190 million ($143 million) of cryptocurrencies held by the exchange in offline storage could be lost forever. It looks now like …
The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a blaze …
Brazilian iron ore miner Vale SA Chief Executive Fabio Schvartsman and several other senior executives resigned on Saturday in what the company described as a temporary move, after one of its mining dams burst in January, killing hundreds. Vale said …
Ted Baker Plc Chief Executive Officer Ray Kelvin resigned from the U.K. apparel chain amid an investigation of his conduct, becoming the latest male corporate leader to depart following allegations of behavior that was demeaning to employees. Kelvin, who founded …
More than 50 people were sent to hospitals around Birmingham, Alabama, following a chemical spill at a water treatment plant. Authorities tell news outlets that irritating gas caused by a mixture of ferric sulfate and sodium hypochlorite caused breathing problems …
Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors …
A new report projects that 6,227 pedestrian fatalities occurred in 2018, the highest number in nearly three decades. Pedestrians will account for 16 percent of all traffic deaths in 2018, compared to 12 percent in 2008. While advancements in motor …
