Chubb Insurance Malaysia Bhd has filed for an initial public offering on Bursa Malaysia to sell 300 million existing shares, or 30% of its issued capital, via an offer for sale by its sole shareholder, Chubb INA International Holdings, according…
Category: 1. Iran
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K2 and Dale Get ‘In Principle’ Nod From Lloyd’s to Launch Syndicate 1954
Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s Lloyd’s Syndicate 1729, and K2 Insurance Services, an independent MGA platform, have received “in principle” approval from Lloyd’s to launch Syndicate…
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The Danger of Humans and Machines Hallucinating Together
In the preceding weeks, Chail had been confiding in Sarai, his AI chatbot on a service called Replika. He explained that he was a trained Sith assassin (a reference to Star Wars) seeking revenge for historical British atrocities, all of which…
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HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit
Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday.
Hewlett…
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Former New China Life Insurance Chair Gets Suspended Death Sentence for Corruption
The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve on corruption charges by a court in the Chinese province of Shandong, national broadcaster CCTV reported on Wednesday.
Li’s case adds to…
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World Is Off Course on Pledge to Slash Heat-Trapping Methane
The world remains far behind global commitments to slash methane, according to a United Nations assessment that underscores the need for rapid, aggressive work to stifle emissions of the super pollutant.
Fulfilling a pledge by roughly…
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Amazon, Google Named by EU Among ‘Critical’ Tech Providers for Finance Industry
European Union regulators on Tuesday designated 19 technology companies, including Amazon Web Services, Google Cloud, and Microsoft, as critical third-party computing providers for the bloc’s finance industry.
Under the EU’s Digital…
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Marsh UK Promotes Addington-Smith as CEO, Succeeding Lay
Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment of James Addington-Smith as CEO of Marsh UK.
Subject to regulatory approval, Addington-Smith will take up his new role early in 2026 and report to…
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Australia Banking Regulator Warns on Elevated Risks From Abroad
Risks to Australia’s financial system from overseas are heightened and current geopolitical volatility will remain for some time, according to the nation’s banking regulator.
While the country is well-placed to absorb potential…
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Returning Afghan migrants face shelter, winter aid challenges
Kabul [Afghanistan], November 24 (ANI): Afghan migrants returning from Pakistan are facing severe hardships as winter sets in, struggling to meet basic needs such as shelter, food, and identification documents, according to interviews with…
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