American International Group (AIG) announced a strategic partnership with global private markets firm CVC. The partnership, announced Jan. 19, includes the establishment of large-scale separately managed accounts (SMAs) across CVC’s credit strategies, for which AIG […]
Zurich Insurance Group AG has gone public with a £7.67 billion ($10.3 billion) bid to buy Beazley Plc, increasing pressure on the UK-listed company it’s been wooing for more than 12 months. The Swiss insurer […]
Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, which owns a 48% stake in Caravela, has […]
Just as European companies were getting used to last year’s hard-won U.S. trade tariff deals, President Donald Trump has put them back in his crosshairs with an explosive threat to place levies on nations that […]
Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of the country where raging wildfires have killed at least 15 people and forced tens of thousands to evacuate. Ante los graves […]
South Africa declared a national disaster after severe weather conditions led to deadly floods across parts of the country. Heavy rainfall, strong winds, lightning and flooding have resulted in loss of life, significant damage to […]
California Attorney General Rob Bonta sent xAI a cease-and-desist letter that orders the company to immediately halt the creation and distribution of deepfake, nonconsensual, intimate images and child sexual abuse material. Creating, distributing, publishing or […]
Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the 5th U.S. Circuit Court of Appeals said. The federal appellate court […]
Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” […]
Oklahoma homeowners can now apply for grants of up to $10,000 to upgrade to storm-resistant Fortified roofs. The Oklahoma Insurance Department opened statewide applications for its Strengthen Oklahoma Homes (SOH) Grant Program on Monday, Jan. […]
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