UK Bank StanChart Loses Bid to Cut Shareholders’ $1.9 Billion UK Lawsuit in Half March 25, 2025 Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit...
Germany Tells Insurers to Vet Private Asset Deals More Carefully March 25, 2025 By Nicholas Comfort and Libby Cherry Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by...
Global Shipping Insurance May Shift if Sanctions End, BIMCO Says March 25, 2025 By Weilun Soon The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s...
Key Parts of Original Black Sea Grain Deal With Ukraine Were Never Fulfilled: Kremlin March 25, 2025 Russia and the United States will discuss resuming a deal to ensure the safety of merchant shipping in the Black...
UK Detects First Case of Bird Flu in a Sheep, Fueling Fears of Spread March 24, 2025 By Nigel Hunt Bird flu has been detected in a sheep in northern England, the first known case of its kind in the...
Air Lease Corp. Gets $329 Million Insurance Payout for Jets Stranded in Russia March 24, 2025 Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance...
Fidelis Partnership Launches International Casualty MGA, Writing Primary, Excess Cover March 24, 2025 Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch...
People Moves: Marsh Promotes Russell as Global Head of Wholesale; Markel Boosts Wholesale Claims Team With 3 Key Promotions, Technical Claims Hire March 24, 2025 This edition of International People Moves details appointments at insurance broker Marsh and the insurer Markel. A summary of these...
UK Pledges Anti-Bribery Cooperation With French, Swiss After US Retreat March 24, 2025 By Jonathan Browning British, French and Swiss prosecutors agreed to form a new intelligence sharing partnership in a bid to tackle overseas corruption...
AI Chatter Hits Record on European Earnings Calls Across Sectors March 24, 2025 By ChloƩ Meley The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors...