Insurer RSA Exits UK Personal Lines Motor Market to Focus on Core Businesses March 28, 2023 UK insurer RSA announced it is exiting the UK personal lines motor market to focus on its core lines. The...
InsureTrust Names Levy EVP March 28, 2023 Atlanta-based InsureTrust, a cyber insurance specialty broker, has named Florence Levy executive vice president. InsureTrust, part of Starwind Specialty, said...
UK MGA Aqueous Secures Capacity From Allianz, Setting Sights on Commercial SMEs March 28, 2023 Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance. The...
Alphabet Seeks Dismissal of Antitrust Lawsuit Over Google’s Online Ads March 28, 2023 By Diane Bartz Google parent Alphabet asked a U.S. federal judge on Monday to dismiss a Justice Department lawsuit alleging that the search...
Russia Has Successfully Rerouted Oil Exports Hit by Western Embargo: Energy Minister March 28, 2023 By Vladimir Soldatkin Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to “friendly” countries, Energy Minister...
Regulator Tells Australian Banks to Boost Cyber-Attack Defenses March 28, 2023 By Nabila Ahmed and Carmeli Argana Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said Tuesday. A recent...
Indian Tycoon Piramal, TPG Inc. Weigh Selling Stakes in Shriram General: Sources March 28, 2023 By Baiju Kalesh Billionaire Ajay Piramal and TPG Inc. are considering selling their stakes in Shriram General Insurance Holdings Co., according to people...
Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’ March 28, 2023 A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects...
Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’ March 28, 2023 By Tom Wilson and Angus Berwick The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures...
FDIC Is Probing Management’s Conduct in SVB, Signature Bank Failures March 28, 2023 By Stephanie Stoughton A top US banking regulator has launched investigations into managers’ conduct in the Silicon Valley Bank and Signature Bank failures....