Gallagher enters multimillion agreement for Buck & more…Keep up with what has been happening this week in our latest insurance news round-up…

Terrorism reinsurer welcomes Protect Duty announcement

Pool Re, Britain’s leading terrorism reinsurer, today welcomes the UK government’s announcement of its upcoming Protect Duty legislation, also known as Martyn’s Law. 

Howden acquires Italian entertainment broker Assimovie

International insurance brokerage Howden has agreed to acquire Assimovie, a TV, film and advertising insurance broker based in Italy.

Gallagher enters multimillion agreement for Buck

Arthur J. Gallagher & Co. (Gallagher) has entered an agreement to acquire the partnership interests of BCHR Holdings, L.P., dba Buck.

Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

Ship insurers said they are cancelling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses.