Business Moves: MGA Nirvana Buys Arena From Ryan Specialty; Ryan Acquires Canada MGU SSRU; Bridgehaven Buys SureStone; Gallagher Re to Buy S. Africa’s Resilea December 5, 2025 Specialty MGA Nirvana Acquires Arena From Ryan Specialty Specialty managing general agent (MGA) Nirvana announced the acquisition of Arena NV...
Longtime WTW Cyber Risk Leader Heads to Marsh December 5, 2025 Marsh this week announced it has hired Tom Srail its cyber analytics and digital infrastructure leader for the U.S. and...
PE Firms EQT, PAI Among Bidders for €2 Billion Insurance Broker Global December 5, 2025 By Arno Schütze and Eyk Henning Private equity firms EQT AB, PAI Partners and Stone Point have been shortlisted in the bidding for German insurance brokerage...
Agency Probes Reports Waymo Self-Driving Cars Illegally Passed School Buses in Texas December 5, 2025 By David Shepardson A U.S. agency said on Thursday it has asked Waymo to answer more questions after Texas officials said the Alphabet...
New York Times Sues Perplexity AI for ‘Illegal’ Copying of Content December 5, 2025 The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the artificial intelligence startup was copying,...
AM Best Revises Outlook to Negative for Nazareth Mutual December 5, 2025 AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (ICR) and affirmed the...
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations December 5, 2025 By John Revill and Oliver Hirt Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short...
Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London December 5, 2025 By Lucca de Paoli Standard Chartered Plc has settled an investor lawsuit worth £1.5 billion ($2 billion) over allegations it systematically breached sanctions against...
Will it Take a Catastrophe for Nations to Take Issue of Space Debris Seriously? December 5, 2025 By Ian Whittaker and Lesley Masters China routinely sends astronauts to and from its space station Tiangong. A crew capsule is about to undock from the...
Cloudflare Says It Fixed Outage That Slowed Banking Sites, Zoom December 5, 2025 By Rose Henderson Cloudflare Inc. said it has fixed a problem that led to the websites for several banks, Shopify, Zoom and LinkedIn...