Allianz, Jio Financial Said to Reach Initial Deal for India Joint Venture March 20, 2025 By Preeti Singh and Saikat Das Billionaire Mukesh Ambani’s Jio Financial Services Ltd., has reached a preliminary agreement with Allianz SE to form an insurance business...
London’s IUA Names Jones as Chief Executive, Succeeding Matcham March 20, 2025 The International Underwriting Association (IUA), the group representing London companies that provide international and wholesale re/insurance, has named Chris Jones...
Spain Braces for More Downpours After Floods Kill Three People March 20, 2025 By Laura Millan and Joe Wertz Spain is bracing for another round of torrential rains after flooding forced home evacuations, washed away cars and killed at...
Finland Ranks World’s Happiest Again With US at Worst-Ever Level March 19, 2025 By Kati Pohjanpalo Finland’s unbroken streak as the world’s happiest country continued for an eighth year while the US fell to 24th place,...
People Moves: Marsh Promotes Barnes as Global Head of Energy & Power, Herring as Team’s Chair March 19, 2025 People Moves: Marsh Promotes Barnes as Global Head of Energy & Power, Herring as Team’s Chair Marsh, the insurance brokerage...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million March 19, 2025 Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million)...
Odey Banned From UK Financial Services Industry for ‘Lack of Integrity’ March 19, 2025 By Jonathan Browning Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard”...
Extreme Weather in 2024 Forced Biggest Displacement of People in 16 Years March 19, 2025 By Aaron Clark Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated...
Markets/Coverages: Marsh Expands Cyber Insurance Facility With $45M of Extra Capacity March 19, 2025 Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Cyber Echo Encore, an enhancement to its existing...
Wikimedia Challenges India Content Takedown, Warns of Chilling Effect on Free Speech March 19, 2025 By Arpan Chaturvedi The Wikimedia Foundation, which runs Wikipedia, has asked India’s Supreme Court to quash an order directing the online encyclopedia operator...