Sompo Holdings Completes Acquisition of Aspen, Taking it Private February 24, 2026 By L.S. Howard A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has finalized its $3.5 billion acquisition of Aspen Insurance Holdings...
Mexico’s Cartel Violence Could Hit Economy and Insurance Segment: AM Best February 24, 2026 By L.S. Howard Ongoing violence from criminal groups in Mexico, which disrupted travel and attacked businesses in Puerto Vallarta during the weekend, could...
Mexico Visitors Shaken as Cartel Death Fuels Travel Chaos February 24, 2026 By Amy Stillman and Kelsey Butler Despite assurances from President Claudia Sheinbaum and her security minister Monday that Mexico was returning to normal after a weekend...
UK Sanctions New Zealand Insurer Maritime Mutual After Reuters Report February 24, 2026 By Paul Carsten and Lucy Craymer Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report...
EU’s Russia Sanctions Hit Roadblock Put Up by Hungary, Slovakia February 24, 2026 By Max Ramsay and Daniel Hornak The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures,...
UK Targets Russian Oil Fleet With Biggest Sanctions Hit in Years February 24, 2026 By Alex Wickham The UK government announced new sanctions on Russia’s so-called shadow oil fleet as it ramped up efforts to squeeze energy...
Marsh Mulls Sale of PCS, Financial Risk Manager for Super Rich Asians February 24, 2026 By Manuel Baigorri, Elffie Chew and Alexandre Rajbhandari Marsh is exploring a sale of its financial risk manager and life insurance broker for high-net-worth individuals in Asia, according...
ECB Steps Up Scrutiny of European Banks’ AI Industry Exposure February 23, 2026 By Esteban Duarte, Jorge Zuloaga, Claudia Cohen and Ronan Martin The European Central Bank is delving into the risks faced by banks in the region from the artificial intelligence industry,...
Sompo Receives Regulatory Approvals to Acquire Aspen Insurance in $3.5B Deal February 23, 2026 Sompo Holdings Inc. announced it has received the necessary antitrust and insurance regulatory approvals required to complete its previously announced...
Danone Sees Up to €70 Million Hit From Baby Formula Recalls February 23, 2026 By Jillian Deutsch Danone SA gave its first estimate of the potential cost of the recent recalls of infant formula over a contamination...