HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case October 27, 2025 By Rishav Chatterjee, Selena Li and Lawrence White HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of...
Carmakers Accused in Huge UK Lawsuits of Cheating Diesel Emissions Tests October 14, 2025 By Sam Tobin Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law,”...
Continental AG Reaches Deal With Ex-Managers in Diesel Scandal, Handelsblatt Reports October 8, 2025 Germany’s Continental AG has reached a deal with former managers that will see their insurance pay damages between 40 million...
Volkswagen Loses Top Court Case Over Diesel Deal With Ex-CEO September 30, 2025 By Karin Matussek Volkswagen AG lost an appeals case in Germany’s highest civil court over the shareholders’ approval of a settlement with former...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
Markets/Coverages: BHSI Updates Private Company Executive Lines Suite in Canada April 29, 2025 Berkshire Hathaway Specialty Insurance (BHSI) has introduced an update to its Private Company Executive Lines suite of products in Canada...
Australia Regulator Sues FIIG Securities for Cybersecurity Failures March 13, 2025 The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement...
Generali Posts Record Profit Ahead of Shareholder Vote on CEO Reappointment March 13, 2025 By Gianluca Semeraro Italy’s biggest insurer Generali reported on Thursday a record profit for 2024, ahead of a key shareholder vote next month...
Australia’s Prudential Watchdog Targets Longest-Serving Board Directors March 6, 2025 By Nasteho Said Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years....
Which Companies Are Pulling Back on Diversity Initiatives? February 14, 2025 A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much...