Aon Announces Commencement of Cash Tender Offers and Related Consent Solicitations for Outstanding Debt Securities of NFP Corp.

Published on April 2, 2024
Aon plc (NYSE: AON) ("Aon"), a leading global professional services firm, announced today that its wholly owned subsidiary, Randolph Acquisition Corp. (the "Offeror"), has commenced cash tender...
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Baltimore bridge collapse a major but manageable marine loss event: S&P

April 2, 2024
S&P Global Ratings has said that although the Francis Scott Key Bridge collapse in Baltimore could cause the largest marine insurance losses recorded since Costa Concordia in 2012, it will be a manageable earnings event for the global reinsurance sector.Image source: BBCThe ratings agency states that if the International Group of P&I Clubs reinsurance program is triggered, the reinsurance industry

IML appoints Justin Doherty as its new President and CEO

April 3, 2024
Independent Management Ltd. (IML), a Bermuda-domiciled insurance management firm, has appointed Justin N. Doherty as its new President and Chief Executive Officer (CEO), succeeding Cyril H. Whitter, Jr. who is retiring.After over three decades, Whitter, Jr. steps down, leaving a legacy of strategic vision, commitment to clients, and a resilient organizational culture. Under his guidance, IML weath