Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million March 19, 2025 Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million)...
Odey Banned From UK Financial Services Industry for ‘Lack of Integrity’ March 19, 2025 By Jonathan Browning Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard”...
Extreme Weather in 2024 Forced Biggest Displacement of People in 16 Years March 19, 2025 By Aaron Clark Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated...
Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity March 19, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing...
Wikimedia Challenges India Content Takedown, Warns of Chilling Effect on Free Speech March 19, 2025 By Arpan Chaturvedi The Wikimedia Foundation, which runs Wikipedia, has asked India’s Supreme Court to quash an order directing the online encyclopedia operator...
Swiss Insurers Baloise, Helvetia Said to Explore Combination March 18, 2025 By Jan-Henrik Förster Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest...
People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia March 18, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of...
Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates March 18, 2025 Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct...
Australian Pension Fund Fined A$10.5 Million for Greenwashing March 18, 2025 By Amy Bainbridge and Nasteho Said Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its...
Small Plastic Pellets Wash Up on UK Shores After Ship Explosions March 18, 2025 By Alex Longley Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the...