"Discover how Blackstone's investments are highlighting London's dominance in the financial and insurance sectors, despite challenges in other areas." ...
The Court of Appeal has overturned a previous ruling in a legal dispute involving Spain's Banco Santander and French insurer Axa. The case centered on a £677 million bill related to the mis-selling of ...
Mama Insurance has secured a new round of funding, which brings its total funding to €2 million. The funding deal involves Fastweb+Vodafone, Founders Factory, and Vento. This investment is part of ...
Legal & General (L&G) is planning to cut 1,000 jobs, which represents about ten percent of its workforce. This move is part of a broader restructuring effort led by Chief Executive António Simões. The ...
Soteris has announced the launch of a new AI tool designed to help insurers identify which existing policies are contributing to or detracting from their profits. According to Soteris, the tool aims ...
Imran Siddiqui, a former executive at Apollo, has acknowledged improper use of company documents, according to a report from the Financial Times. Siddiqui was previously involved in a legal dispute ...
DFO Management, the family office of Michael Dell, is reportedly in advanced discussions to acquire the Baldwin Group, an insurance broker valued at $4.1 billion, according to the Financial Times. The ...
A recent article discusses the balance between innovation and privacy in the era of artificial intelligence (AI). While AI is acknowledged for creating new opportunities and efficiencies, the article ...
Blackstone's recent plans at Lloyd’s of London have generated notable attention, as private capital investors increasingly compete directly with insurers in the market. This shift is contributing to ...
Private equity firms are reportedly employing structured financing techniques to make secondary funds more appealing to investors who are typically risk-averse. This approach is said to be a driving ...
Recent reports have suggested questions surrounding the financial movements within Mark Walter's business empire. The issues pertain to whether insurance assets were potentially utilized to address ...
The insurance industry is increasingly integrating artificial intelligence into various operations, including underwriting, risk assessment, claims management, and customer service. According to a ...