Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam November 26, 2025 By Eric Onstad Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million...
Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims November 26, 2025 By L.S. Howard Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase...
Allianz Unit Discussing Call Center Jobs Cuts in AI Transition November 26, 2025 By Stephan Kahl Allianz SE is in talks about potential job cuts at its assistance and travel insurance subsidiary Allianz Partners as it...
Africa Specialty Risks Launches Lloyd’s Syndicate 2454 in South Africa November 26, 2025 Africa Specialty Risks (ASR), a re/insurance group that focuses on developing markets, announced the launch of Lloyd’s Syndicate 2454 in...
US Terror Label in Venezuela Deepens Risk for Oil Companies November 26, 2025 By Bloomberg News The Trump administration’s latest attempt to isolate Nicolás Maduro’s government further complicates day-to-day operations for foreign oil companies in Venezuela,...
Poland Expects Russia to Escalate Sabotage After Rail Explosion November 26, 2025 By Zosia Wanat and Wojciech Moskwa Poland’s deputy prime minister said he expects Russia to escalate its sabotage activities in the country following an explosion on...
UK Insolvencies Surge as Higher Business Costs Deepen Strain November 25, 2025 By Constantine Courcoulas UK insolvencies are rising sharply, with a leading trade credit insurer saying any new government policies that stand to raise...
Three Swiss Insurers Added to G20 Watchdog Resolution Plan List November 25, 2025 Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms that must develop resolution...
Deadly Floods Hit Southeast Asia as More Rain Forecast November 25, 2025 By Mary Hui, Anuchit Nguyen, Francesca Stevens and Netty Ismail Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early...
Insurers’ Investment in Synthetic Risk Transfers Face Fresh Scrutiny Under EU Proposals November 25, 2025 By Esteban Duarte and Laura Noonan Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog,...