Update: PE Firms EQT, CVC Drop $3.44 Billion Pursuit of Australian Broker AUB Group December 1, 2025 By Kumar Tanishk and Nikita Maria Jino Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the...
Deadly Bear Attacks in Japan Prompt New Products From Insurers December 1, 2025 By Eddy Duan Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents,...
Litigation Finance Hits a Wall After Bets on Huge Gains Falter December 1, 2025 By Gautam Naik Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now...
Taiping Insurance Shares Hit by Over $200 Million Exposure to Hong Kong Fire November 28, 2025 By Donny Kwok, Selena Li and Claire Fu Shares of China Taiping Insurance Holdings fell as much as 8% on Thursday [Nov. 27] on concerns about its coverage...
Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam November 26, 2025 By Eric Onstad Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million...
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims November 26, 2025 By L.S. Howard Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase...
Allianz Unit Discussing Call Center Jobs Cuts in AI Transition November 26, 2025 By Stephan Kahl Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it...
Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa November 26, 2025 Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in...
US Terror Label in Venezuela Deepens Risk for Oil Companies November 26, 2025 By Bloomberg News The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela,...
Poland Expects Russia to Escalate Sabotage After Rail Explosion November 26, 2025 By Zosia Wanat and Wojciech Moskwa Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on...