Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO June 26, 2025 By Scott Murdoch Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong...
Heat Wave Threatens Power Output and Wildfires Across Europe June 26, 2025 By Eva Brendel and Joe Wertz Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and...
Howden Gets Regulatory Nod to Launch Reinsurance Unit in Kingdom of Saudi Arabia June 25, 2025 Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom...
AXA Launches Unified Ceded Re Team for Greater Operational Alignment June 25, 2025 AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified...
French Investigators Order Tesla to Stop ‘Deceptive Business Practices’ June 25, 2025 French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in...
Indian Air-Safety Audit Finds Multiple Lapses at Airlines, Hubs June 25, 2025 By Mihir Mishra India’s aviation safety regulator found multiple aircraft-maintenance lapses in an audit of airlines and airports ordered after the crash of...
Warburg Is Said in Talks to Sell Stake in SBI General Insurance June 25, 2025 By Baiju Kalesh and Manuel Baigorri Warburg Pincus is in talks with Premji Invest and State Bank of India about selling them its stake of about...
Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold June 25, 2025 By Cameron Brown and Daniel Carr Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat...
Wildfire Alerts Issued Across Mediterranean as Heat Wave Builds June 25, 2025 By Joe Wertz Wildfire warnings were issued across the Mediterranean, as temperatures soar to 40C (104F) in parts of Spain, Italy, and Greece....
Clean Energy Assets Face Coverage Risks, Zurich Insurance Says June 25, 2025 By Gautam Naik Assets designed to help fight climate change may soon risk losing access to insurance unless they’re adequately shielded from extreme...