Fraud Unraveled: In mid-2023, an internal audit uncovered that over $3–4 billion in LOCs supposedly backing reinsurance deals ...

Aon (AON) has faced legal turmoil, with a lawsuit alleging fraudulent practices linked to its Collateral Protection Insurance product impacting the insurance sector and leading to Vesttoo's bankruptcy ...

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance ...

Creditors to Vesttoo’s bankruptcy trust have filed a lawsuit against Aon and China Construction Bank (CCB) alleging ...

The Vesttoo Creditors Liquidating Trust, an independent fiduciary appointed by the U.S. Bankruptcy Court for the District of ...

National Lenders General Agency has a new chief financial officer, effective immediately. On Wednesday, the provider of ...

Aon, the world’s second-biggest insurance broker, is being sued for alleged fraud over its role in marketing a new form of insurance that helped start-ups raise money.

A roundup of all the news you need, including Swiss Re's H1 results.

However, the downside risk has to be taken into account. Although Bitcoin’s price is bullish in the longer term, it remains prone to radical corrections. Collateral lenders must factor these potential ...

Markel Group faces insurance challenges yet sees growth in Markel Ventures. Click to read more about MKL and why I think aluation multiple could expand over time.

Women in agriculture and petty traders left Kumasi with renewed optimism after a high-level forum brought them face-to-face ...

Claire’s Chapter 11 filing follows the bankruptcies of other teen retailers including Forever 21, which filed in March for ...