Leonardo Denies Liability for Helicopter Crash That Killed Leicester City Owner December 16, 2025 By Sam Tobin Italy’s Leonardo has denied liability for the 2018 helicopter crash which killed Thai businessman Vichai Srivaddhanaprabha, saying in its defense...
LA Fires and US Severe Convective Storms Drive Insured Losses of $107B in 2025 December 16, 2025 By L.S. Howard Insured losses from natural catastrophes will surpass US$100 billion mark in 2025 for the sixth consecutive year – driven mainly...
Trump Seeks Up to $10 Billion in Damages From BBC Over Editing of January 6 Speech December 16, 2025 By Jack Queen and David Thomas President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that...
Venezuela Says Oil Export System Down After Weekend Cyberattack December 16, 2025 By Bloomberg News Venezuela’s state oil company is still struggling to restore key administrative systems after what it called a cyberattack that hit...
‘Shadow Banking’ Growing at Double the Rate of Traditional Lenders, FSB Says December 16, 2025 By Tommy Reggiori Wilkes The non-bank financial sector’s share of global assets grew to 51%, or $256.8 trillion, last year and expanded at double...
Bjak Founder Weighs IPO as Malaysia Insurtech Seeks Expansion Into Europe December 16, 2025 By Netty Ismail Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it...
AIG Gets Approval to Acquire Everest Renewals in 6 EU Countries – in Time for Jan. 1 December 15, 2025 By L.S. Howard AIG announced it has received approval to proceed with the acquisition of Everest Group’s renewals in Germany, France, Italy, Netherlands,...
German Insurers Hold $108 Billion Illiquid Debt Pile, EIOPA Says December 15, 2025 By Nicholas Comfort German insurers are the most exposed in Europe to illiquid corporate bonds, a top watchdog said in one of the...
Update: EU Announces New Sanctions on Companies and Individuals Over Russian Oil December 15, 2025 By Lili Bayer, Julia Payne and Anna Hirtenstein The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for...
India’s Nuclear Bill Spares Suppliers from Accident Liability December 15, 2025 By Abhijit Roy Chowdhury and Rajesh Kumar Singh India’s new nuclear energy bill will spare equipment suppliers from liability in case of incidents, among other sweeping changes to...