Identities of Shadow Banks That Use New BOE Tool to Remain Secret December 9, 2024 By Philip Aldrick and Greg Ritchie The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a...
Tepco Removes Nuclear Fuel Debris From Fukushima Disaster Site December 9, 2024 By Shoko Oda Japanese utility Tokyo Electric Power Co. said it removed nuclear fuel debris left inside a reactor in a demonstration at...
Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record December 9, 2024 By Olivia Rudgard This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
Allianz Pauses Talks With Amundi Over Control of Asset Manager December 9, 2024 By Stephan Kahl Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the...
Antares Announces Leadership Team for New Commercial Division December 6, 2024 Antares Global Management Ltd. announced three key appointments for its new Commercial Division, which comprises Syndicate 1274 and Bermuda-based Antares...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...
UK Issues Red Warning as Storm Darragh Brings Hurricane-Strength Winds December 6, 2024 By William Mathis and Eamon Akil Farhat Storm Darragh has triggered a red weather warning for the west coast of Wales and the Bristol Channel on Saturday,...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re December 6, 2024 By L.S. Howard Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive...
China Aims to Boost Foreign Investment in Property Insurance Market December 6, 2024 China’s financial regulator unveiled a plan on Friday to enhance supervision and support the development of the property insurance industry,...