City of London Hit Harder Than Rest of Economy Since Brexit Vote February 3, 2025 By Tom Rees The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the...
Howden Said in Talks to Buy Insurance Broker Risk Strategies January 31, 2025 By Gillian Tan and Leonard Kehnscherper Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people...
Corporate ‘Irritation’ Over ESG Fueled by Significant Costs January 31, 2025 By Frances Schwartzkopff As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not...
DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days January 31, 2025 By Julie Haoning Zhu and Debby Wu Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by...
Floods in France Force Evacuations and Cut Power to Homes January 31, 2025 By Joe Wertz and Nayla Razzouk Flooding caused by Storm Herminia forced the evacuation of thousands of people in northwest France, while hundreds of homes remain...
Australia Braces for Life-Threatening Floods as Six Storms Brew January 31, 2025 By Keira Wright Six storms around Australia and its territories are expected to strengthen in the coming days, with one system likely to...
Brazil Insurer Porto Seguro Eyes Partners for Health Business, Sources Say January 31, 2025 By Luciana Magalhaes Brazilian insurance group Porto Seguro is in talks with private equity funds to possibly sell a minority stake in its...
Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
Generali to Pay Out Over €7 Billion in Dividends by 2027 January 30, 2025 By Sonia Sirletti Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5...
EU Says Drive to Simplify Will Not Weaken Climate Agenda January 30, 2025 By Kate Abnett The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von...