Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market December 8, 2025 By Leonard Kehnscherper Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the...
People Moves: Aon Names Norman as Senior Broker in Global ReSpecialty Property Team; AHJ Miller Taps Carpenter’s Ehrencrona as Head of Nordic Fac December 8, 2025 This edition of International People Moves details appointments at the brokers Aon plc and AHJ Miller. A summary of these...
McKinsey Says Recovery From South Africa Scandals to Take Years December 8, 2025 By Prinesha Naidoo and Antony Sguazzin Rebuilding McKinsey & Co.’s reputation in South Africa after it was implicated in state corruption scandals will be a long...
EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap December 8, 2025 By Julia Payne, Jonathan Saul and Maria Cheng The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil...
UK Should Go for Bolder Revamp of Rules in Financial Services Sector, Lady Mayor Says December 8, 2025 By Leonard Kehnscherper and Francine Lacqua The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the...
Satellite Startup ICEYE Raises Funds at $2.8 Billion Valuation as Europe Boosts Defense December 8, 2025 By Mark Bergen, Aaron Kirchfeld and Zosia Wanat ICEYE, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion)...
Indonesia Expects $3 Billion Rebuild After Deadly Floods December 8, 2025 By Chandra Asmara and Eko Listiyorini Indonesia will need 51.8 trillion rupiah ($3.2 billion) to rebuild areas devastated by recent floods and landslides in Sumatra, according...
BNP Paribas Raises Stake in Belgium’s Largest Insurer Ageas in Deal Worth $3.5 Billion December 8, 2025 By Mathieu Rosemain and Inti Landauro BNP Paribas plans to increase its stake in Belgium’s largest insurer Ageas to 22.5% from 14.9%, cementing its position as...
People Moves: RiverStone International Appoints Pritchard as UK CEO December 5, 2025 RiverStone International Appoints Pritchard as UK CEO RiverStone International Holdings, the legacy acquisition company, announced the appointment of Charlotte Pritchard...
Business Moves: MGA Nirvana Buys Arena From Ryan Specialty; Ryan Acquires Canada MGU SSRU; Bridgehaven Buys SureStone; Gallagher Re to Buy S. Africa’s Resilea December 5, 2025 Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV...