A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed to rein in a lower court’s ruling that could have cost the banks billions more in consumer payouts. The …
Lenders Get Reprieve in UK Motor Finance Case From Top Court Read More »
Four months after Donald Trump shocked the world and roiled markets by unveiling a placard full of tariff rates at the White House Rose Garden, his revisions unveiled Thursday generated a more subdued response among investors. But at an average …
Trump Tariff Blitz Unleashes Delayed Shock to Global Economy Read More »
U.S. President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead with plans to reorder the global economy. Trump set rates including …
Trump Hits Dozens More Countries With Steep Tariffs Read More »
Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The figure includes the direct costs of known espionage incidents, including state-sponsored theft of intellectual property, as well as the indirect …
Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024 Read More »
AXA SA fell the most in almost four months after profit missed estimates and the French insurance group agreed to buy a majority in Italian car insurer Prima Assicurazioni. The stock fell as much as 7%, the biggest intraday decline …
AXA Shares Decline on Net Income Miss, Italian Takeover Read More »
This edition of International People Moves details appointments at QBE and HDI Global. A summary of these new hires follows here. QBE Hires ERGO’s Peerdeman to Launch Marine Insurance Biz in Netherlands International business insurer QBE has hired marine insurance …
The California Department of Insurance completed a review of the KCC US Wildfire Reference Model Version 3.0, making it the state’s second wildfire catastrophe model. The new model for use by insurers in assessing wildfire risk in property insurance ratemaking …
KCC Completes Review of California Wildfire Model Read More »
Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder. ANOVA, in business since 2011, offers automated coverage and global policies for cargo, and …
Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance Read More »
COLUMBIA, S.C. (AP) — Workers at a site in South Carolina that once made key parts for nuclear bombs in the U.S. have found a radioactive wasp nest but officials said there is no danger to anyone. Employees who routinely …
Radioactive Wasp Nest Found at SC Site Where US Once Made Nuclear Bombs Read More »
A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. “This is not a typical soft market cycle; it’s a soft market under …
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers Read More »
