China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO October 9, 2020 Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the...
Bank of England Sees Few Threats to Financial Stability from Brexit October 9, 2020 By Huw Jones and David Milliken Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc,...
Arch Capital Bests Enstar with Offer to Acquire Watford for $622 Million October 9, 2020 By Andrew G. Simpson Arch Capital Group Ltd., which had been reported to be pursuing a deal, has agreed acquire all the common shares...
Las Vegas Fire Agrees to Settle for $280K in Sex Video Case October 9, 2020 The Las Vegas Fire Department has reached a $280,000 settlement with a firefighter after a sexually explicit video of her...
Trench Collapses, Kills Construction Worker in Utah October 9, 2020 Authorities say a 36-year-old man died after the trench he was working in collapsed at a construction site south of...
From Wildfires to Sally to China Floods, September Was a Disastrous Month October 9, 2020 Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap...
Royal Caribbean Cruise Line Hit with Shareholder Lawsuit Over Coronavirus October 9, 2020 By Andrew G. Simpson A Palm Beach County, Florida city’s retirement plan is suing a cruise ship company for allegedly misleading it and other...
How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets October 9, 2020 By Madeleine Brown The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the...
UK Financial Services Firms Become More Optimistic, Says Business Survey October 9, 2020 Financial services firms in Britain turned more optimistic for the first time this year as a drop in business bottomed...
Union Mutual Insurance Company Names Keysar as President and CEO October 9, 2020 The Board of Directors of Union Mutual Insurance Company voted unanimously last week to elect Lisa L. Keysar to the...