Private Credit’s Push for Retail Money Stokes New Vulnerability March 11, 2025 By Kat Hidalgo and Neil Callanan Private credit’s rush to attract money from retail investors is making the sector more vulnerable to the kind of liquidity...
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs March 11, 2025 Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical...
Stricken Oil Tanker in North Sea Smolders With Hole in Side March 11, 2025 By Alex Longley and Jack Wittels A US oil tanker that was struck by a container ship in the North Sea on Monday was smoldering with...
France Warns of Soaring Insurance Costs From Climate Change March 10, 2025 By Francois de Beaupuy French households, businesses and local authorities will face soaring costs for insurance if the country fails to adapt to a...
Arthur J. Gallagher & Co. Acquires Philippines-Based Re/Insurance Broker Philinsure March 10, 2025 Arthur J. Gallagher & Co. announced it has acquired the remaining shares of Philippines-based Philpacific Insurance Brokers & Managers Inc.,...
Brazil Insurer Caixa Seguridade Files for Secondary Share Offering March 10, 2025 Brazilian state-run insurance firm Caixa Seguridade said late on Sunday it had filed for a follow-on share offering that will...
Citi Fined by Swiss Exchange Regulator Over 2022 Fat-Finger Flash Crash March 10, 2025 By Noele Illien Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger...
Cyclone Alfred Weakens to Tropical Low, Sparing Any Major Damage March 10, 2025 By Jason Scott and Ben Westcott Ex-Tropical Cyclone Alfred weakened to a tropical low and was still lingering off the coast of Brisbane on Saturday afternoon,...
Cascading Extreme Weather Events Unleash Billions in Damages Globally March 10, 2025 By Brian K. Sullivan, Mary Hui and Joe Wertz First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South...
UK Court Blocks Class Action Lawsuit Against Water Companies Over Sewage Leaks March 7, 2025 By Upmanyu Trivedi A UK court blocked a class action lawsuit over allegations of the under reporting of sewage leaks by six water...