Allianz Global Investors Scraps Nuclear, Military Exclusions to Back Europe Rearmament April 1, 2025 By Iain Withers Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defense, becoming one of the...
Zurich Buys Stake in UK M&A Insurer to Fuel US, Europe Expansion April 1, 2025 By Leonard Kehnscherper Zurich Insurance Group has agreed to acquire a minority stake in Icen Risk, a company that specializes in insuring mergers...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...
EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market March 31, 2025 By Esteban Duarte and Nicholas Comfort European financial authorities are exploring ways to streamline oversight of the €1.2 trillion ($1.3 trillion) asset-backed securities market and simplify...
MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand March 31, 2025 MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval....
Conduit Re CEO Carvey to Retire; Company Announces Plans to Buy More Retro Cover March 31, 2025 Conduit Re’s Chief Executive Officer Trevor Carvey has a decided to step down and retire with effect on April 11,...
War-Torn Myanmar Struggles With Quake Rescue as Toll Rises March 31, 2025 By Khine Lin Kyaw The death toll from Myanmar’s biggest earthquake in a century is set to climb from more than 1,700 following the...
Thailand Probes Collapse of Only Skyscraper to Crumble in Quake March 31, 2025 By Patpicha Tanakasempipat The collapse of a skyscraper under construction in Bangkok — the lone building to crash during the massive earthquake last...
Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit March 31, 2025 By Mathieu Dion The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million...
MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries March 28, 2025 By L.S. Howard MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance...