Howden Buys Foresight in Japan, Names Gallagher’s Aibe as CEO of Japan Retail Unit September 17, 2024 Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management...
Brazil Confirms Potential $18B Deal With Miners Involved in Deadly Dam Disaster September 17, 2024 By Marta Nogueira The Brazilian government confirmed on Monday it was in talks on a potential $18 billion payout from a trio of...
PwC Probe Spotlight Shifts to Hong Kong After Record China Fine September 17, 2024 By Kiuyan Wong The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm...
Private Equity’s Insurance Bets Raise Risks, BIS Researchers Say September 17, 2024 By Nicholas Comfort Private equity firms have changed the business models of life insurers they invest in, posing risks that are more likely...
Taiwan Regulator Rejects CTBC Takeover Attempt of Shin Kong September 17, 2024 Taiwan’s financial regulator rejected on Monday a takeover attempt by financial conglomerate CTBC of rival Shin Kong saying its plans...
Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain September 17, 2024 A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from...
Flooding in Central Europe Could Cause Billions in Economic Losses, Analysts Say September 17, 2024 The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates...
Big Oil Companies Defeat Consumer Lawsuit Over Production, Prices September 17, 2024 By Jonathan Stempel Several oil companies including Exxon Mobil and Chevron defeated an appeal on Monday by consumers who accused them of colluding...
DraftKings Sued by MLB Players Union for Using Names, Images September 17, 2024 By Jef Feeley Sports-betting platform DraftKings Inc. has been using names and images of Major League Baseball players without permission and in violation...
J&J Gets $260 Million Talc Verdict Overturned, New Trial Ordered September 17, 2024 By Brendan Pierson An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman...