To reduce the financial pressure of large losses, an insurance company transfers a portion of its risk to another institution ...

A lightning strike destroyed Pine Manor, a 24,000-square-foot mansion in southern Illinois, in October 2019, leaving owner ...

Oil prices hit $117/barrel due to soaring insurance/freight costs, not supply shortages as Gulf crude flows near pre-war levels.

A Synovus enterprise architect is hiring an engineer in Columbus, Georgia, to build agentic systems for banking operations, months before the bank's systems and brand fold into Pinnacle. The move bets ...

Lloyd’s Register and UK ports body urge ports to prepare for nuclear ships. Find the latest news from the maritime industry on the PortNews website.

Market Bulletin Y5493 caps broker treaty portfolio exposure at 10% and bars brokers from owning or capitalising structures ...

Lloyds Banking Group plc (LLOY) has announced the repurchase of 74,597,222 ordinary shares over five trading days between 19 ...

Lloyds Banking Group plc announced that Nigel Hinshelwood (currently the Senior Independent Director of the Ring-Fenced Banks) will join the Groups Board as an independent non-executive director and ...

BestWire// - AM Best has affirmed the Performance Assessment (assessment) of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. (First Indemnity) (Boston, MA). The outlook of the assessment is ...

BestWire// - AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Stellar Insurance, Ltd. (Stellar) (Bermuda), an ...

Lloyds Banking Group plc is one of the leading British banking groups. Net income breaks down by activity as follows: - retail banking (59.2%): sales of standard banking products ...

Greenlight Capital Re's Syndicate 3456 appoints Ian Maguire as Active Underwriter, transitioning to a full Lloyd’s syndicate in 2027.