Japan’s Big Non-Life Insurers Plan to Sell Cross Shareholdings May 20, 2025 By Nao Sano Japan’s three major casualty insurers plan to sell a total of about ¥1.37 trillion ($9.5 billion) of cross-held shares in...
Hub to Get $1.6B Minority Investment, Valuing Company at $29B May 12, 2025 Hub International Limited said the brokerage entered into a definitive agreement on an investment of about $1.6 billion from several...
Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
Treasury Warns That Anti-Woke Banking Laws Like Florida’s Are Security Risk July 22, 2024 By Josh Boak WASHINGTON (AP) — The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance...
Japan Insurers Plan to Sell $3.1 Billion Worth of Honda Shares, Reuters Reports July 2, 2024 Japan’s four top property and casualty insurers, along with other financial firms, are planning to sell around ¥500 billion ($3.1...
Zurich Insurance to Sell Downtown Madrid Offices for About €100 Million June 18, 2024 By Carmen Arroyo, Rodrigo Orihuela and Ben Sills Zurich Insurance Group agreed to sell its iconic office building in downtown Madrid to a Spanish investment fund for about...
Japan’s Insurers Surge on Buybacks, Unwind of Cross-Holdings May 21, 2024 By Aya Wagatsuma and Winnie Hsu Shares of Japanese insurers MS&AD Insurance Group Holdings Inc. and Tokio Marine Holdings Inc. surged after the companies announced stock...
EU Finalizes Investment Fund Labels to Combat Greenwashing May 15, 2024 By Huw Jones The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable”...
US Insurers Optimistic, Open to Take More Investment Risk in 2024: Conning January 24, 2024 Most U.S. insurers plan to take on more investment risk in 2024, and said the risks associated with the use...
Alabama Supreme Court Orders Lindberg and Company to Pay $11M Note to Med Firm December 5, 2023 By Insurance Journal Staff Reports The legal and financial troubles for former insurance executive and international businessman Greg Lindberg, now awaiting a second trial on...