Trump signs order allowing crypto in 401(k) retirement plans
US President Donald Trump has signed an executive order paving the way for Americans to add alternative assets such as private equity, cryptocurrencies and real estate into 401(k) retirement saving plans.
S&P upgrades VIG’s outlook to positive on earnings growth and diversification
S&P Global Ratings has revised the outlook of Vienna Insurance Group (VIG) and its core subsidiary VIG RE to positive from stable, while affirming its A+ insurer financial strength and issuer credit ratings.
UBS signs 10-year carbon capture deal with Climeworks
UBS has signed a ten-year carbon removal agreement with direct air capture firm Climeworks.
Swiss Re Corporate Solutions hands Rüsch and Daftari new roles
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, has appointed Michael Rüsch to the newly created role as Head DACH, and named Bijan Daftari as Head EMEA Strategy & Execution. Both appointments are effective April 1st, 2024.
Skyward Specialty launches new Life Sciences Liability insurance product
Skyward Specialty, a property and casualty (P&C) insurer, has announced the addition of Life Sciences liability coverage to its Healthcare Solutions underwriting unit, which now will offer tailored protection for life sciences needs.
8. Marsh filed poaching suit against Lockton, innovation officer
Agents and Brokers, Risk Management Lockton, Marsh & McLennan
MGA Mustard partners with Sovereign Insurance Australia for enhanced market solutions
Mustard Underwriting Pty Ltd (Mustard), a specialist MGA, recently announced its new partnership with Sovereign Insurance Australia (SIA).
Lenders battle recovery woes with collections, servicing strategies
Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry,…
VantageScore spots notable auto-delinquency jump in July
The July edition of CreditGauge published this week by VantageScore showed that auto is one of the credit segments showing the most performance deterioration. VantageScore reported mortgage and auto loan credit delinquencies saw the largest year-over-year uptick in the early-stage … [Read More]
Warsaw Stock Exchange postpones system upgrade
The Warsaw Stock Exchange (GPW) has pushed back the planned rollout of a new trading system, GPW WATS.
Skyward adds two execs, claims attorney for media liability team
Excess and Surplus Lines, P/C Insurers
MMC leaders say tariffs likely to drive up cost of risk
Agents and Brokers, Financial Results, P/C Pricing, Workers Comp Pricing Marsh & McLennan
Temenos shares slide as CEO ousted
Shares in Temenos fell by around 14% on Friday after the Swiss core banking vendor’s CEO Jean-Pierre Brulard departed with immediate effect.