Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims May 15, 2025 By Bloomberg News Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer...
‘Synchronization’ of Europe’s Financial Rules With US, UK Is a Priority: France’s Macron May 15, 2025 French President Emmanuel Macron said on Thursday that getting European regulation to be more in sync with the United States...
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers May 14, 2025 By L.S. Howard Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private...
Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review May 14, 2025 By Peter Chapman Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc...
Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover May 14, 2025 Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million...
Conduit Re Names Eckert as CEO May 14, 2025 CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer, announced the appointment of Neil Eckert as chief...
UK Watchdog Set to Ease Insurance Rules for Large Companies May 14, 2025 By Leonard Kehnscherper The UK markets watchdog is planning to pare its rules on how insurers can sell policies to large companies, the...
South Africa’s Tiger Brands Offers Settlement to Plaintiffs in Listeriosis Class Action May 14, 2025 By Siyanda Mthethwa Tiger Brands, South Africa’s biggest food producer, on Monday [May 12] offered to compensate listeriosis victims, marking a major step...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform May 13, 2025 Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial...
Google Facing at Least €12 Billion in Civil Claims Across Europe May 13, 2025 By Karin Matussek Alphabet Inc.’s Google is facing at least €12 billion ($13.3 billion) in damage claims from dozens of price comparison websites...