India Slashes Size of Mega Insurer’s IPO With Issue Opening Next Week April 27, 2022 By Ruchi Bhatia, Siddhartha Singh and Suvashree Ghosh India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P Study April 27, 2022 By Marc Jones Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the...
Qatar Airways Suffers UK Court Setback in Feud With Airbus April 27, 2022 By Tim Hepher LONDON – A British judge on Tuesday denied a bid by Qatar Airways to reinstate a jet contract canceled by...
People Moves: Lockton Restructures Int’l Leadership; MGA Arcadian Promotes Barna for Transactional Liability; McGill and Partners Hires DARAG’s Hill for Structured Solutions April 26, 2022 This edition of International People Moves details appointments at brokers Lockton and McGill and Partners as well as the Bermuda...
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best April 26, 2022 Upward premium rate momentum is expected to continue support underlying performance for the London market, despite mounting challenges connected to...
Two-Thirds of Employees Might Seek New Jobs if Forced Back to Office: Global Survey April 26, 2022 By Howard Schneider Worker demands for more flexibility and security, bolstered by the pandemic and a tight labor market, are only growing more...
Ferrari to Recall 2,222 Cars in China Over Potential Braking Fault April 26, 2022 Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems,...
Generali Investor Deka Will Vote for Current Management, Led by CEO Donnet April 26, 2022 Generali investor Deka Investment will vote in favor of current management led by chief executive Philippe Donnet, the asset manager’s...
Credit Suisse Investors Push for Faster Climate Action April 26, 2022 By Simon Jessop and Brenna Hughes Neghaiwi A group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in...
Air Lease to Write Off Value of 27 Jets Stranded in Russia April 25, 2022 Air Lease Corp. said on Friday it would write off the value of the 27 jets it has remaining in...