November 2, 2018
Donations made by pro-Brexit groups including Arron Banks’ Leave.EU will be investigated by police after the Electoral Commission said they may have “knowingly concealed” the true source of 8 million pounds ($10.3 million) of funds to the campaign. The Electoral …
October 8, 2018
A U.K. lawsuit filed against Google by millions of iPhone users over data-collection claims was thrown out by a London judge. The group, known as Google You Owe Us, were seeking as much as 3.2 billion pounds ($4.2 billion), according …
June 26, 2018
Uber Technologies Inc. was given an 15-month license to operate in London by a judge after the ride-sharing service worked out most of its differences with regulators. Judge Emma Arbuthnot granted the license in a ruling Tuesday. The case stems …
May 4, 2018
An ex-chief executive officer of AIG’s Financial Products unit repeatedly told a U.K court that political and media pressure didn’t influence the company’s decision to “wipe out” a $600 million employee bonus pool during the financial crisis. “We had pressure …
February 13, 2018
PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake in its insurance subsidiary, people familiar with the matter said. Jakarta-based Danamon is working with an adviser as it weighs …
March 31, 2017
Fosun International Ltd., the Chinese insurance-to-tourism conglomerate, is seeking investors for a minority stake in its reinsurance business ahead of a possible initial public offering, according to people familiar with the matter. The sale of shares in Peak Reinsurance Co. …
October 5, 2016
Shenzhen Qianhai Financial Holdings Co. is close to an agreement to buy ACR Capital Holdings Pte, a reinsurer backed by Singapore’s Temasek Holdings Pte, for about $1 billion, according to people with knowledge of the matter. A deal may be …
April 13, 2016
Sompo Japan Nipponkoa Holdings Inc. is nearing an agreement with CIMB Group Holdings Bhd. to distribute general insurance products through the Malaysian lender’s branches across Asia, people with knowledge of the matter said. Japan’s third-largest general insurer could pay about …
February 19, 2016
Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd.’s branches across Asia, people with knowledge of the matter said. CIMB could fetch …
September 18, 2015
Fosun International Ltd., the conglomerate founded by Chinese billionaire Guo Guangchang, is in advanced discussions to acquire RSA Insurance Group Plc’s Middle East business, people familiar with the matter said. The sale could fetch less than $200 million, the people …