Swedish Insurer Folksam Divests $160 Million Tesla Stake April 2, 2025 Sweden’s largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about...
Bain-Backed Esure Eyes UK Growth After £200 Million Revamp April 2, 2025 By Swetha Gopinath and Pamela Barbaglia UK home and motor insurance firm Esure Group Plc sees further growth in the country after a £200 million ($258...
Japan Warns Potential Megaquake Could Kill Nearly 300,000 April 1, 2025 By Alice French A long-feared megaquake off Japan’s southern coast could result in almost 300,000 deaths, according to a new model released by...
Australia Outback Lashed by Year’s Worth of Rain in Week, With Many Livestock Killed April 1, 2025 By Keira Wright Australia’s remote outback in western Queensland has been swamped by flooding after being lashed with a year’s worth of rainfall...
Thailand Says Collapsed Bangkok Tower Used Substandard Steel April 1, 2025 By Patpicha Tanakasempipat The contractors of an under-construction tower that crashed in Bangkok during last week’s earthquake apparently used substandard steel bars made...
Allianz Global Investors Scraps Nuclear, Military Exclusions to Back Europe Rearmament April 1, 2025 By Iain Withers Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defense, becoming one of the...
Zurich Buys Stake in UK M&A Insurer to Fuel US, Europe Expansion April 1, 2025 By Leonard Kehnscherper Zurich Insurance Group has agreed to acquire a minority stake in Icen Risk, a company that specializes in insuring mergers...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...
EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market March 31, 2025 By Esteban Duarte and Nicholas Comfort European financial authorities are exploring ways to streamline oversight of the €1.2 trillion ($1.3 trillion) asset-backed securities market and simplify...
MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand March 31, 2025 MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval....