Best's Market Segment Report: Lloyd’s Market Delivers Robust Underwriting Results Amid Strong Pricing Conditions

LONDON–(BUSINESS WIRE)– #insurance–Lloyd’s reinsurance business has grown strongly in recent years, with a five-year compound average growth rate of 9%. In 2023, the market’s reinsurance premiums grew by 12.8%, driven by material growth in property and specialty lines, and benefitting from a strong risk-adjusted rate change. Nonetheless, casualty reinsurance has been the fastest growing line in Lloyd’s reinsurance business over the past five years, with a compound annual growth rate of 15%, according to

Teledyne FLIR Delivering Airborne Surveillance Systems to Japan Maritime Self-Defense Force Worth Up to $21 Million

TOKYO–(BUSINESS WIRE)–Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has announced that it is delivering its Star SAFIRE® 380-HLD multi-spectral imaging systems to the Japan Maritime Self-Defense Force (JMSDF) as part of an agreement worth up to $20.8 million. JMSDF will integrate the imaging systems into the SH-60L helicopter, a licensed Japan-based production version of the Sikorsky SH-60 aircraft. The SH-60L is designed for anti-submarine and anti-surface war

Hoonigan Signs Asset Purchase Agreement to Divest 4 Wheel Parts’ Retail Stores and Associated E-Commerce Assets to ARB Corporation’s U.S. Affiliate, ORW USA

DENVER–(BUSINESS WIRE)–Wheel Pros, LLC (d/b/a Hoonigan) or (the, “Company”), a leading provider of high-performance aftermarket vehicle enhancements today announced that it has signed an Asset Purchase Agreement (“APA”) to divest its 4 Wheel Parts retail stores, associated e-commerce sites, and certain other related assets (“4WP”) to ORW USA, Inc. (“ORW”), the U.S. affiliate of ARB Corporation Limited (“ARB”). In addition, Hoonigan has signed a separate Asset Purchase Agreement to divest its

Nytt i Personio: Bättre medarbetarinsikter och prestationsbedömningar, anpassade arbetsflöden och löneutbetalningar ökar effekten för HR-team

Sweden–(BUSINESS WIRE)–Personio, Europas ledande HR-systemföretag för små och medelstora företag, har idag presenterat en rad förbättringar utformade för att minska administrationen för HR-team så att de kan fokusera mer på att leverera resultat för sina organisationer. Dessa förbättringar annonseras samtidigt som lanseringen av Personios senaste undersökning, Workforce Pulse 2024: Så löser du personal- och engagemangsrelaterade utmaningar. Den visar att 32% av HR-beslutsfattarna anser att de

Coalition Announces Reinsurance Intermediary Coalition Re

SAN FRANCISCO–(BUSINESS WIRE)–Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced the creation of its reinsurance intermediary, Coalition Re, to provide capacity for cyber reinsurance treaties and expand on its mission to protect more unprotected businesses. Coalition Re provides capacity for non-proportional cyber reinsurance treaties, as well as a white-labeled cyber insurance product with up to 100% quota share support

Inside Disney’s Succession Struggle and Bob Iger’s Return to Power

The inside story of how Bob Iger undermined and outmaneuvered Bob Chapek, his chosen successor, and returned to power at Disney.