Update: Bermuda-Based Reinsurer Conduit Holdings’ Stock Rises After $1.1B London IPO December 2, 2020 By Swetha Gopinath Conduit Holdings Ltd. rose as the Bermuda-based reinsurer started trading in London after an 826 million-pound ($1.1 billion) initial public...
Human Nature Thwarts Widespread Use of Apps Tracking Coronavirus Exposure December 1, 2020 By Rae Ellen Bichell, Kaiser Health News The app builders had planned for pranksters, ensuring that only people with verified COVID-19 cases could trigger an alert. They’d...
Shell Faces Climate Change Lawsuit in Dutch Court December 1, 2020 By Bart H. Meijer AMSTERDAM – Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production...
Independent Film Productions Shut Down as Virus Insurance Is Hard to Find November 30, 2020 By Katherine Chiglinsky and Richard Chess For independent filmmakers, the Covid-19 pandemic has added a new hurdle to the already challenging task of lining up financing:...
Ant Group’s Massive, Suspended IPO May Not Be Revived Until 2022 November 30, 2020 By Bloomberg News The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are...
AXA Sells Persian Gulf Business for $269 Million to Kuwaiti-Based Group November 30, 2020 By Nicolas Parasie AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts...
Insurers Winning Most, But Not All, COVID-19 Business Interruption Lawsuits November 30, 2020 By Jef Feeley and Katherine Chiglinsky In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen...
Meatpacking Plants Linked to Up to 8% of Early U.S. COVID Cases November 27, 2020 By Mike Dorning As many as one in 12 cases of Covid-19 in the early stage of the pandemic in the U.S. can...
Private Equity Investors Pelican Ventures, J.C. Flowers Complete Ariel Re Deal November 25, 2020 Private equity investors Pelican Ventures and J.C. Flowers & Co. have completed their acquisition of Ariel Re from Argo Group....
COVID-19 Vaccines Could Be Sent to States Within 24 Hours of FDA’s OK: Official November 25, 2020 The first Americans could receive a COVID-19 vaccine as soon as Dec. 11, the chief scientific adviser for the U.S....