UK ‘Just Getting Started’ on Post-Brexit Boost to London’s Competitiveness: Minister December 1, 2022 By Huw Jones Britain is just at the beginning of post-Brexit efforts to keep London a top global financial center, but deregulation will...
People Moves: Convex Re Bermuda Names AXA XL’s Simons Deputy CEO, Promotes Slater to CUO; AGCS Promotes Zschech to Head of Industry Solutions & Client Mgmt December 1, 2022 This edition of International People Moves details appointments at Convex Re Bermuda and Allianz Global Corporate & Specialty (AGCS). A...
Google Sued in UK by 130,000 Alleged Victims of Its Online Advertising Dominance December 1, 2022 By Stephanie Bodoni Google and its parent Alphabet Inc. were sued in a UK court over alleged antitrust abuses in a group claim...
Howden Acquires Australian Specialty Broker AlphaXO Risk Partners December 1, 2022 Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty...
Dutch Court Denies RWE and Uniper Compensation for Closure of Coal-Fired Plants December 1, 2022 The Dutch state does not have to compensate German energy suppliers RWE and Uniper for the decision to close coal-fired...
Insurance Broker BMS Group’s Owners Weigh Its Sale, With £600 Million Valuation November 30, 2022 By Jan-Henrik Förster British Columbia Investment Management Corp. and Preservation Capital Partners are considering a sale of BMS Group that could value the...
Bitcoin Is Being Artificially Propped Up and Shouldn’t Be Legitimized: ECB November 30, 2022 Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more...
Aircraft Lessors’ Lawsuits Against Their Insurers Rise to $8B for Seized Russian Planes November 30, 2022 Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss...
Cyber Attackers Cripple IT Systems of Prominent Indian Hospital November 30, 2022 By Sudhi Ranjan Sen and Bibhudatta Pradhan Cyber attackers have crippled systems at one of India’s most prominent hospitals for a week, forcing the institution to operate...
Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5 November 30, 2022 Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability...