AI Threatens to Displace Workers, Bank of England’s Bailey Warns December 19, 2025 By Tom Rees Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor...
Russia Is Trying to Overwhelm Europe With its Sabotage Campaign: Western Officials December 19, 2025 By Emma Burrows In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line...
British Regulator Cracks Down on Home, Travel Insurers December 19, 2025 Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after...
India’s Big-Bang Financial Reforms Target Foreign Money December 19, 2025 By Siddhi Nayak and Saikat Das India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s...
Catastrophe Bonds Linked to Wildfires Lose ‘Untouchable’ Status December 19, 2025 By Gautam Naik Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk...
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir December 18, 2025 By Chad Hemenway American International Group (AIG) said it has teamed up with specialty insurer Amwins and asset manager Blackstone to launch a...
Vantage Group to Be Acquired by Ackman-Backed Howard Hughes Holdings for $2.1B December 18, 2025 By L.S. Howard Vantage Group Holdings Ltd., the privately held specialty re/insurer, has entered into a definitive agreement to be acquired by Howard...
Munich Re Offers Geothermal Risk Insurance in State-Backed Drive December 18, 2025 By Petra Sorge Insurer Munich Re and Germany’s KfW Development Bank are introducing a state-backed program to mitigate the financial risk of geothermal...
People Moves: Markel Int’l Taps AXIS’ Howell as Senior War and Terrorism Underwriter; Tokio Marine Kiln Appoints Jackson From Liberty as Cyber Underwriter December 18, 2025 This edition of International People Moves details appointments at Markel Insurance and Tokio Marine Kiln. A summary of these new...
Business Moves: BMS Forms Strategic Partnership in India, Launches Dubai Subsidiary December 18, 2025 BMS Group Ltd, the London-based re/insurance broker, this week announced a strategic partnership in India with Berns Brett India as...