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AXA Warns on Data Center ‘Gambles’ as Private Credit Risks Rise

Dec 11 2025 // French insurer AXA SA said it’s exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are...

After Years of Pushing Rate Hikes, Florida’s Citizens Now Wants HO Rate Decrease

Dec 11 2025 // After years of asking for rate increases to help drive consumers to the private market and reduce its exposure, Florida’s Citizens Property Insurance Corp. is now asking for a rare decrease in homeowners’...

Massachusetts Asks Judge to Block Kalshi From Operating Sports-Prediction Market

Dec 10 2025 // addictioA Massachusetts judge on Tuesday questioned whether prediction-markets operator Kalshi could legally offer the state’s residents the ability to place financial bets on something as “trivial” as...

EU Strikes Deal on Climate Target to Cut Emissions by 90% by 2040

Dec 10 2025 // The European Union agreed on Wednesday to set a legally binding climate target to reduce greenhouse gas emissions by 90% from 1990 levels by 2040, and buy foreign carbon credits to cover 5% of the emissions cuts, goals...

Swiss Insurer Helvetia Baloise to Cut Up to 2,600 Jobs Following Merger

Dec 9 2025 // Newly created Swiss insurer Helvetia Baloise plans to cut up to 2,600 jobs in the coming years to boost profitability, a person familiar with the matter told Reuters on Tuesday. Switzerland’s largest multi-line...

Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market

Dec 8 2025 // Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named...

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