7 European Countries Commit to Halt Export Finance for Fossil Fuel Projects April 14, 2021 Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel...
Aon’s Concessions to EU May Not Be Enough to Close $30B Willis Deal: Sources April 14, 2021 By Foo Yun Chee BRUSSELS – Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance...
Cyclone Seroja Damages Towns in Western Australia with Strongest Winds in 50 Years April 14, 2021 PERTH, Australia (AP) – A destructive cyclone has damaged several towns on Australia’s western coast, shattering windows, snapping trees and...
British Cyber Security Company Darktrace Plans $4 Billion London Listing April 13, 2021 By Paul Sandle and Abhinav Ramnarayan LONDON – Darktrace, the British cyber security firm backed by tech entrepreneur Mike Lynch, fired the gun on its $4...
Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments April 13, 2021 Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for...
Broker BMS Launches Analytics Platform to Support Clients’ Risk Transfer Goals April 13, 2021 BMS, the London-based independent specialist insurance and reinsurance broker, announced the launch of an analytics platform called Pathlight AnalyticsTM. The...
Update: Egypt Seizes Container Ship that Blocked Suez, Pending $916M Compensation April 13, 2021 By Tarek El-Tablawy and Alex Longley Egypt seized a giant container vessel that blocked the Suez Canal last month as it sought compensation of more than...
China Forces Restructuring of Ant Group into Financial Holding Firm April 13, 2021 By Tony Munroe BEIJING – China has imposed a sweeping restructuring on Jack Ma’s Ant Group, the fintech conglomerate whose record $37 billion...
New Zealand Becomes 1st Country to Introduce Climate Change Law for Insurers, Banks April 13, 2021 New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to...
Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes April 12, 2021 Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by...