News
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UK PM Starmer's authority tested as domestic struggles overshadow summit diplomacy
Starmer's authority on the line over welfare cutsGovernment could lose first parliamentary voteDisability cuts contentious for Labour lawmakersMinisters seek compromise with rebelsBy Andrew MacAskill and Elizabeth Piper LONDON, June 26 (Reuters) - British Prime Minister Keir Starmer was asked...Reuters
Thu, Jun 26
Novo Nordisk Collaborates With Weightwatchers For Wegovy Access
June 26 (Reuters) - Novo Nordisk A/S NOVOb.CO:NOVO NORDISK CONTINUES EFFORTS TO SUPPORT PATIENT ACCESS TO AUTHENTIC, FDA APPROVED WEGOVY® AND PRIORITIZE PATIENT SAFETYNOVO NORDISK A/S - NEW $299 SAVINGS OFFER FOR WEGOVY STARTING JULY 1NOVO NORDISK A/S - COLLABORATES WITH WEIGHTWATCHERS FOR WEGOVY AC...Reuters
Thu, Jun 26
Convex secures A rating in S&P upgrade
Convex's subsidiaries upgraded to A by S&P Global RatingsConvex's market share estimated at 3% in chosen fieldsConvex's combined ratio expected at 90%-92% for 2026-2027By Ryan HewlettJune 26 - (The Insurer) - S&P Global Ratings has upgraded the financial strength ratings of Conve...Reuters
Thu, Jun 26
GE Appliances to spend $490 million reshoring production of washing machines from China
By Timothy AeppelJune 26 (Reuters) - Chinese-owned GE Appliances said on Thursday it will spend $490 million to shift production of some washing machines to the U.S. from China as it rebalances its factory footprint amid extreme trade tensions between the world’s two largest economies.The washers wi...Reuters
Thu, Jun 26
CoverForce aims to leverage talent shortage ‘tailwind’ in API infrastructure platform buildout
By James ThalerJune 26 - (The Insurer) - CoverForce, an API marketplace that facilitates quoting and binding for insurance companies, is positioning itself to capitalise on a talent shortage it sees in the industry."We're facing a lot of really good tailwinds in the industry," CoverForce...Reuters
Thu, Jun 26
EUROPE RESEARCH ROUNDUP- ASML Holding, Novonesis, Rolls Royce
June 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASML Holding, Novonesis and Rolls Royce, on Thursday. HIGHLIGHTS * ASML Holding NV ASML.AS: Jefferies cuts to hold from buy* FLSmidth FLS.CO: JP Morgan raises target price to DKK...Reuters
Thu, Jun 26
European MGA Summit 2025: Europe’s MGA market “the next frontier”
By Ryan HewlettJune 24 - (The Insurer) - The MGA model is experiencing rapid growth in continental Europe, signalling a pivotal shift in the region’s specialty insurance landscape as entrepreneurial underwriters, capacity providers and private equity investors see increasing value across the contine...Reuters
Thu, Jun 26
Olympics-US committed 'across the board' to LA 2028 success, says Coventry
US fully committed to success of LA 2028So much goodwill from all levels of US government, says CoventryPresident Trump has launched immigration crackdown LAUSANNE, Switzerland, June 26 (Reuters) - The United States and all its levels of government are fully committed to making the 2028 Los Angel...Reuters
Thu, Jun 26
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
By Manya Saini June 26 (Reuters) - Large U.S. global banks can expect as much as $6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to relax leverage rules, Wall Street brokerages estimated on Thursday.The U.S. Fed unveiled a proposal on...Reuters
Thu, Jun 26
Landmark eyes EU expansion with GWP to top $100 million in 2025
By Ryan HewlettJune 19 - (The Insurer) - Landmark Underwriting is targeting more than $100 million in gross written premium in 2025 and is plotting a “controlled” international expansion as it capitalises on the recent growth momentum brought by its sale to boutique platform Bishop Street Underwrite...Reuters
Thu, Jun 26
Canada banking regulator maintains key capital limit for big lenders
OTTAWA, June 26 (Reuters) - Canada's financial regulator said on Thursday it was maintaining the amount of capital the country's biggest lenders must hold, saying the uncertainties related to U.S.-Canada trade tensions were not stressing the financial system. The Office of the Superintendent...Reuters
Thu, Jun 26
Rigaku Holdings Says Production Capacity Expected To Be 50% Higher In Q4 FY25
June 26 (Reuters) - Rigaku Holdings Corp 268A.T:RIGAKU HOLDINGS CORP - INCREASES PRODUCTION CAPACITY FOR SEMICONDUCTOR PROCESS CONTROL INSTRUMENTSRIGAKU HOLDINGS CORP - PRODUCTION CAPACITY EXPECTED TO BE 50% HIGHER IN Q4 FY2025Reuters
Thu, Jun 26
Motion Specialty lines up extra capacity as it eyes high-value homes and flood ops
By Chris MunroJune 26 - (The Insurer) - Motion Specialty already has additional capacity partners lined up that will come online in the coming months as it looks to extend its reach in the high-value homes and standalone flood insurance markets. The London-based MGA was formally launched in May by D...Reuters
Thu, Jun 26
NHL-NHL opens host city selection process for 2028 World Cup of Hockey
June 26 (Reuters) - The National Hockey League on Thursday invited cities across North America, Europe and other international markets to submit expressions of interest to host games for the 2028 World Cup of Hockey.Set for February 2028, the eight-nation World Cup of Hockey is scheduled to feature ...Reuters
Thu, Jun 26
