South Korea Battles Wildfires as Death Toll Rises to 18 March 26, 2025 By Soo-hyang Choi Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest...
Allianz Global Investors Says It Is Cutting Some Roles March 26, 2025 By Stephan Kahl and Leonard Kehnscherper Allianz Global Investors, the smaller of the two asset managers owned by German insurance giant Allianz SE, is cutting some...
Spain Opens Antitrust Probe Into Generali, Sanitas Agreement March 26, 2025 Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider...
Ardonagh Set to Raise Up to $2.5 Billion to Fuel Expansion Spree March 26, 2025 By Leonard Kehnscherper Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs March 25, 2025 By L.S. Howard The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while...
Wildfires in Western Japan Damage Homes, Forcing Evacuations March 25, 2025 By Mari Yamaguchi Wildfires have hit several regions in western Japan, injuring at least two people, forcing dozens of residents to evacuate and...
Spain’s Storms Refill Reservoirs, Easing Nation’s Worst Drought March 25, 2025 By Laura Millan Jana, Konrad, Laurence and Martinho — the unprecedented string of four named storms that barreled through the Iberian peninsula in...
UK Bank StanChart Loses Bid to Cut Shareholders’ $1.9 Billion UK Lawsuit in Half March 25, 2025 Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit...
Germany Tells Insurers to Vet Private Asset Deals More Carefully March 25, 2025 By Nicholas Comfort and Libby Cherry Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by...
Global Shipping Insurance May Shift if Sanctions End, BIMCO Says March 25, 2025 By Weilun Soon The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s...