Southern Water’s Credit Risk at Record High Amid Thames Water Woes October 1, 2024 By Laura Benitez and Giulia Morpurgo Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves...
Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says March 28, 2024 By Laura Benitez Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in...
Fortress Has Plowed $6 Billion Into Other Companies’ Lawsuits October 20, 2023 By Laura Benitez Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding...
Car Premiums to Rise Again as British Insurers Feel the Heat August 30, 2023 By Irina Anghel and Laura Benitez Motorists in Britain should brace for another year of steep insurance rises as providers confront cost pressures, industry figures have...
Legal & General’s CEO Says UK Must Speed Up Reforms to Lure Investors August 17, 2023 By Laura Benitez The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive...
Allianz’ PIMCO Weighs Joining Investors Suing Over Credit Suisse AT1 Bonds May 26, 2023 By Laura Benitez Pacific Investment Management Co. is considering joining hundreds of investors in challenging the Swiss regulator’s decision to wipe out about...
Insurer Aviva Says UK Demand for Private Health Jumped Amid NHS Strikes May 25, 2023 By Laura Benitez UK insurer Aviva Plc said demand for private health care continued to surge as more individuals and companies look for...
Update: Major UK Companies Abandon CBI Following Second Rape Claim April 21, 2023 By Katie Linsell, Sabah Meddings, Thomas Seal and Laura Benitez A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as...
Updated: Aviva CEO Says Demand for Private Healthcare Rising on NHS Woes March 9, 2023 By Laura Benitez and Anna Edwards Aviva Plc said it is seeing increased demand for private health insurance because of the strains the National Health Service...
Russia Credit Insurance Signals Record 99% Chance of Default Within Year April 7, 2022 By Laura Benitez The cost of insuring Russia’s government debt surged to signal a record 99% chance of default within the year after...