Catastrophe Bond Investors Told to Brace for Jamaica Payout October 28, 2025 By Gautam Naik Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward...
Canada Pension Fund Sued by Young People Over Climate Risks October 28, 2025 By Olivia Raimonde and Layan Odeh The Canada Pension Plan Investment Board was sued by a group of young people who claim the pension fund is...
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B October 27, 2025 By Chad Hemenway American International Group today said it has a definite agreement to acquire the renewal rights of Everest Group’s retail commercial...
Banks Rocked by ‘Extreme’ Car Loan Costs Gear Up for FCA Fight October 27, 2025 By Upmanyu Trivedi and Jamie Nimmo The UK’s biggest banks are gearing up for yet another fight with regulators over how they’ll compensate consumers who were...
People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO October 27, 2025 This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new...
Suspects in Louvre Heist in Custody After Week-Long Manhunt October 27, 2025 By Benoit Berthelot French authorities have arrested several suspects after a frantic manhunt for the men who staged a spectacular daytime heist at...
Hurricane Melissa Churns Toward Jamaica as Category 5 Storm October 27, 2025 By Brian K. Sullivan and Joe Wertz Hurricane Melissa plowed toward Jamaica as a powerful Category 5 storm, threatening to bring widespread destruction to the island. Melissa’s...
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case October 27, 2025 By Rishav Chatterjee, Selena Li and Lawrence White HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of...
HK Startup Aims to Launch Satellites for 3D Wind Data, SCMP Says October 27, 2025 By Julia Fioretti Hong Kong startup Stellerus aims to create a constellation of satellites to become the world’s first provider of three-dimensional wind...
Business Moves: MNK International Acquires Broker in Turkey; Specialist Risk Group Buys Healthcare Consultancy, Specializing in UK Professional Sports October 24, 2025 MNK International Acquires New Broker in Turkey MNK International, a London-based independent Lloyd’s broker, has acquired a new broker in...