ECB Stress Test to Ask Banks Which Geopolitical Risks Would Hurt July 16, 2025 By Nicholas Comfort The European Central Bank’s next stress test will ask lenders to come up with hypothetical situations in which risks like...
Helvetia, Baloise Said To Tap McKinsey For Merger Help July 16, 2025 By Noele Illien and Paula Doenecke Helvetia Holding AG and Baloise Holding AG hired strategy consultant McKinsey for advice on Europe’s biggest insurance deal this year,...
Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization July 16, 2025 By Jamie Tucker Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of...
London Market Brokers, Associations Welcome Move to Create UK Captive Domicile July 15, 2025 By L.S. Howard The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime...
Markets/Coverages: Liberty Specialty Launches Crypto Product for Financial Institutions July 15, 2025 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the launch of a dedicated product for financial institutions...
Lawyers Warn UK NDA Ban May Reduce Misconduct Settlement Payouts July 15, 2025 By Hillary Boye Doku and Maddie Parker A landmark ban on the use of non-disclosure agreements in workplace misconduct cases – a longstanding practice of financial firms...
Four People Killed in Small Plane Crash at London Southend Airport, Police Say July 15, 2025 All four people aboard a small plane that crashed shortly after taking off from London Southend Airport are dead, police...
AI Is Already Showing Signs of Slashing UK Job Openings July 15, 2025 By Irina Anghel UK businesses are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence,...
Air India CEO Says Probe Into Ahmedabad Crash Raises New Questions July 15, 2025 By Aditya Kalra and Chandini Monnappa A preliminary investigation into the crash of an Air India passenger jet last month that killed 260 people raises additional...
UK Farmers Face Increased Fire Risks as Dry Weather Persists July 15, 2025 By Celia Bergin British farmers are facing increased fire risks to both their fields and harvesting machines, following a long spell of hot,...