China Rejects Claim Its Spies Are Penetrating Western Critical Infrastructure May 25, 2023 The Chinese government has rejected claims that its spies are penetrating Western infrastructure, calling the joint warning issued by the...
Insurer Aviva Says UK Demand for Private Health Jumped Amid NHS Strikes May 25, 2023 By Laura Benitez UK insurer Aviva Plc said demand for private health care continued to surge as more individuals and companies look for...
Lloyd’s of London CEO Neal Calls for Rethink of UN Climate Alliance Rules May 25, 2023 By Tommy Wilkes and Greg Roumeliotis A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss...
EU Sets Out Plans to Cut Price of Financial Products Offered by Banks, Insurers May 24, 2023 By Huw Jones The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition May 24, 2023 By Alastair Marsh The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the...
Brown & Brown Agrees to Buy UK Parent of Nexus Underwriting, Xenia Broking May 24, 2023 Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire Kentro Capital...
AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups May 24, 2023 By Benoit Berthelot AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech...
Analysis – EU Power Battle Could Hamper Proposed Safeguards for Financial Products May 24, 2023 By Huw Jones European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and...
Update: Activist Investor Cevian Sells Entire Stake in UK Insurer Aviva May 24, 2023 By Iain Withers Activist investor Cevian Capital has sold down its entire stake in British insurer Aviva, ending its campaign to drive up...
Cyber Attack Could Threaten Canada’s Overall Financial Stability: Central Bank May 23, 2023 The Bank of Canada on Thursday [May 18] said it was worried that a major cyber attack on one part...