Aon Reinsurance Middle East announces key leadership appointments

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Aon, a global insurance and reinsurance broker and risk advisor, has announced two key leadership appointments within Aon Reinsurance Middle East Limited. Hassan Elamin has been named Managing Director, Facultative, Middle East, Africa and Turkey. In this role, Elamin will oversee the facultative business across the Middle East, Africa and Turkey, focusing on delivering tailored […]

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Conning report says investment strategy may become a key differentiator for P&C insurers

Conning, the investment management firm specialising in insurance and institutional investors, has published a new viewpoint examining how property and casualty (P&C) insurers are adapting investment portfolios as underwriting conditions become more competitive and the benefits from rising interest rates begin to diminish. In The Next Differentiator: Investment Strategy in the Evolving P&C Market, Matt […]

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Meta Lobbies Congress for Protection From Child-Harm Lawsuits

Meta Platforms has lobbied the U.S. Congress for legal immunity from child-harm claims tied to social media products such as Instagram, as it faces thousands of lawsuits from young users and their families, according to a source familiar with the …

Paulson Wins $47 Million in Arbitration With Ex-Business Partner

John Paulson was awarded more than $47 million by an arbitrator who found that the billionaire’s former Puerto Rico business partner cheated him on one investment and usurped him on another. Fahad Ghaffar breached his fiduciary duty by advising Paulson …

Nasdaq Private Market Alleges Rival Hiive Stole Technology

Trading platform Nasdaq Private Market alleged that its Vancouver-based competitor Hiive has stolen trade secrets and infringed on its intellectual property in a lawsuit. The suit, filed Tuesday in Manhattan federal court, adds new allegations of trade secrets to a …