World’s Biggest Companies Have Caused $28 Trillion in Climate Damage: Study April 25, 2025 By Seth Borenstein The world’s biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort...
Baloise Says Main Shareholder Patria Buys 9.35% Stake Ahead of Helvetia Merger April 25, 2025 By Claudia Cohen Baloise on Friday said that Patria Genossenschaft had acquired a 9.35% stake in the Swiss insurer, which this week announced...
More Russian Insurers Seek Indian Nod for Oil Tanker Coverage April 25, 2025 By Rakesh Sharma Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the...
Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend April 24, 2025 By L.S. Howard Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4...
Apple, Meta Fined as EU Presses Ahead With Tech Probes April 24, 2025 By Foo Yun Chee and Jan Strupczewski Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators...
Generali CEO Secures New Term After Contested Natixis Deal April 24, 2025 By Gianluca Semeraro and Valentina Za Generali Chief Executive Philippe Donnet secured shareholder support on Thursday to stay in the job for another three years, after...
UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks April 24, 2025 By Joe Wertz The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk...
AXA Board Proposes to Renew CEO Buberl’s Mandate in 2026 April 24, 2025 French insurer AXA’s board of directors will propose the renewal of Chief Executive Thomas Buberl’s mandate for another four years...
UniCredit Holds Stake of Between 6-7% in Generali, Source Says April 24, 2025 UniCredit has increased its stake in insurer Generali to between 6% and 7%, a person with knowledge of the matter...
The Race to Fix Aging Computer Systems Heats Up With AI’s Help April 24, 2025 By Anna Irrera Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times...