Miller Agrees to Acquire UK-Based AHJ Holdings February 3, 2025 Miller, the London-based specialist re/insurance broker, announced it has agreed to acquire AHJ Holdings Ltd., the ultimate parent company of...
Australia Urges Residents in Northeast to Evacuate on Flood Risk February 3, 2025 By Michael Heath Australian officials urged residents in the northeastern city of Townsville and adjacent areas to evacuate as torrential rains raised the...
UK Warns DeepSeek Users of Data Risks But Won’t Yet Ban It February 3, 2025 By Ellen Milligan, Ryan Gallagher and Alex Wickham As governments grapple with what to do about DeepSeek, China’s hot new AI model — including outright bans — the...
Property-Catastrophe Reinsurance Rates Will Stop Dropping Post Wildfires: Execs February 3, 2025 By Susanne Sclafane RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should...
City of London Hit Harder Than Rest of Economy Since Brexit Vote February 3, 2025 By Tom Rees The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the...
Howden Said in Talks to Buy Insurance Broker Risk Strategies January 31, 2025 By Gillian Tan and Leonard Kehnscherper Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people...
Corporate ‘Irritation’ Over ESG Fueled by Significant Costs January 31, 2025 By Frances Schwartzkopff As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not...
DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days January 31, 2025 By Julie Haoning Zhu and Debby Wu Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by...
Floods in France Force Evacuations and Cut Power to Homes January 31, 2025 By Joe Wertz and Nayla Razzouk Flooding caused by Storm Herminia forced the evacuation of thousands of people in northwest France, while hundreds of homes remain...
Australia Braces for Life-Threatening Floods as Six Storms Brew January 31, 2025 By Keira Wright Six storms around Australia and its territories are expected to strengthen in the coming days, with one system likely to...