Panama Removed From Gray List of Financial Crime Watchdog FATF October 30, 2023 By Elida Moreno and Valentine Hilaire Panama has been removed from the gray list of financial crime watchdog FATF, a register which includes countries deemed to...
Otis Likely to Be One of Costliest Hurricanes for Mexico Insurance Market: Gallagher Re October 30, 2023 Hurricane Otis is expected to be one of the costliest natural catastrophe events in Mexico’s history with initial economic losses...
Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024 October 30, 2023 By Pei Li Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as...
NFP Buys UK-Based Resolute Insurance Services October 27, 2023 NFP, a New York City-based property/casualty broker, announced it has acquired Resolute Insurance Services, an independent insurance broker based in...
Re/insurer SiriusPoint and MGA Banyan Risk Extend Capacity Relationship October 27, 2023 SiriusPoint Ltd., the specialty insurer and reinsurer, and managing general agent Banyan Risk Ltd. announced an extension of their capacity...
UK Warns of Fake Ozempic Pens After Hospitalizations October 27, 2023 Britain on Thursday cautioned the public about buying fake weight-loss pens claiming to contain Novo Nordisk’s diabetes drug Ozempic or...
Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia October 27, 2023 By Andrius Sytas and Anne Kauranen The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden...
Crypto Firms Are Failing to Spell Out Risks to Consumers: UK Watchdog October 27, 2023 Britain’s financial watchdog said on Wednesday that firms marketing cryptoassets are failing to highlight risks properly to consumers, such as...
Ant-Backed Rural Lender and Micro-Insurance Firm, Chongho, Eyes $500M HK IPO October 27, 2023 By Pei Li Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses, is considering...
Acapulco’s Economic Losses Seen at $15 Billion as Hurricane Otis Death Toll Rises October 26, 2023 By Andrea Navarro Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds...