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Latest News & Web Pages
It's coming home': captives may return to UK if PRA nails regulatory regime
59+ min ago (640+ words) There are tangible competitive advantages to having a captive in the same domicile as its parent " and if the UK gets its new captive regime right, an onshore pivot could take place, where companies with offshore captive insurers re-domicile those…...
Exports to Asia, Africa bolster India's trade balance | Business Standard - newspaper - Read this story on Magzter. com
9+ hour, 23+ min ago (327+ words) India's latest trade data shows a geographical realignment in the nation's trade balance. While India's trade surplus with traditional partners like the US and the Netherlands narrowed in the first two months of 2026-27, trade balance with new regions like Asia…...
NAICOM returns African Alliance Insurance to shareholders
5+ hour, 52+ min ago (1149+ words) 17 June 2026 3: 33 am WAT L-R: Mr. Cyril Ajagu, Representative of the Stakeholders; Mr. Olusegun Ayo Omosehin, Commissioner for Insurance, National Insurance Commission (NAICOM); and Rear Admiral Anthony Odogba Isa, New Chairman, Board of African Alliance Insurance Plc. From" Adanna Nnamani (Abuja)…...
U. S. commercial insurance rates increased 2. 5% in the first quarter of 2026, marking the third consecutive quarter of moderating price growth
9+ hour, 28+ min ago (471+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Fairfax Financial completes US$1. 65 billion Kennedy Wilson take-private deal
7+ hour, 4+ min ago (539+ words) Fairfax Financial Holdings has completed its take-private acquisition of Kennedy-Wilson Holdings, bringing to a close a transaction first announced in February that values the Beverly Hills-based real estate investment firm at US$1. 65 billion. The acquisition was priced at US$10. 90 per…...
Insurer paid 86 workers. Dubai Court says employer must foot the bill
5+ hour, 12+ min ago (609+ words) Insurer paid 86 workers under UAE scheme; court awards 5% interest too. Dubai: A Dubai court has ordered a company to repay Dh1. 38 million to an insurance provider after the insurer paid the outstanding labour entitlements of 86 workers on the company's behalf under…...
Weaker Insurance Pricing Could Become a Headwind for Marsh
16+ hour, 5+ min ago (92+ words) Morningstar Business Strategy and Outlook We view Marsh as something of a tollbooth business Its leading position in brokerage would be difficult to displace, and its sticky customer relationships allow it to benefit from a relatively stable level of insurance…...
Insurance moves: Liberty Mutual, Aon, Bluefriars and others
3+ hour, 30+ min ago (661+ words) The insurance market has seen a flurry of senior appointments this week, spanning broking, underwriting, insurtech and European trade body governance." Liberty Mutual Insurance has named Defne Turkes (pictured, left) president and managing director of Liberty International Insurance (LII), the international…...
PRA sets out plans for 2027 UK captive regime at Airmic conference
3+ hour, 45+ min ago (317+ words) The Prudential Regulation Authority has signalled that a consultation paper on a new UK captive insurance regime is imminent, with the framework expected to go live in mid-2027, following a speech by Shoib Khan (pictured), the PRA's director of insurance supervision,…...
Great Nigeria Insurance begins N15. 6 BN rights issues
7+ hour, 45+ min ago (948+ words) Political activities in Ondo State are beginning to gather momentum as key players across different political parties intensify consultations and strategic moves ahead of the June 20 bye-election for the Ondo South Senatorial District....