Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer’s Aegon NV’s local unit to Vienna Insurance Group AG. The European Commission gave Hungary a March 18 deadline to withdraw the deal …
Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be reached …
The UK dominant accounting firms must separate their audit units from other businesses by June 2024 as the country’s accounting watchdog reacts to shortcomings that led to the collapse of several companies. The Financial Reporting Council is asking the so-called …
Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of several privacy snafus that have put the company under siege. The company’s disclosure in September that hackers exploited several software …
Google Inc. may be ordered to remove personal information from its search engine after the European Union’s top court paved the way for citizens to have a “right to be forgotten.” “Links and information in the list of results must …
The European Parliament voted this week for new regulation of insurers that aims to cut costs by giving one national regulator the lead role in monitoring insurance companies operating across several EU nations. EU lawmakers’ approval finalizes a preliminary deal …
