Trump demands US-backed insurance as firms suspend cover in Persian Gulf March 4, 2026 Donald Trump calls for a US-backed insurance following news that most of the world’s largest maritime insurance firms are set to cease covering war risks for ships entering the Persian Gulf. On 5 March, various members of the London-based International Group of Protection and Indemnity Clubs will automatically terminate war-risk cover if vessels enter the [...]
Pictory 2.0 Completes End-to-End AI Video Solution: Unifying Creation, Hosting, and Interactivity March 3, 2026 Pictory, a leading provider of AI-powered video-creation, launched Pictory 2.0, now a fully integrated AI video platform. Designed for content creators and businesses, it enables the creation and hosting of interactive videos. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303256337/en/ “Businesses told us they wanted one place to create, manage, and deliver [...]
Aberdeen shares slide as outflows widen March 3, 2026 Aberdeen shares slid as its Interactive Investor performance failed to offset persistent outflows elsewhere. The firm’s share price fell 7.3 per cent to 204p in early morning trading, as persistent outflows from its Adviser business dampened overall investor sentiment. Total assets under management and administration (AUMA) grew nine per cent to £556bn from £511.4bn, off [...]
K2 International Launches New Division: K2 Professional Indemnity Limited March 3, 2026 K2 Group Holdings Limited (K2 International), a division of K2 Insurance Services and a leading specialty insurance and (re)insurance underwriting platform based in London, is pleased to announce the launch of K2 Professional Indemnity Limited (K2 PI). This new division, founded by Richard Smart, will write international (non-US) professional liability business on behalf of a [...]
BitGo Europe GmbH Launches Crypto-as-a-Service Across the EEA for EU Fintechs and Banks March 3, 2026 Modular APIs enable EEA-wide rollout of compliant crypto product-suite such as secure onboarding, custody, trading, and on/off-ramps under BitGo Europe GmbH’s MiCAR licensing framework.
The US just blacklisted an AI company. Is yours next? March 3, 2026 A government demonstrated in a single week that it can transform a technology company from the sole provider of classified AI services into a designated national security threat, not for what the company did, but for what it refused to allow, says Paul Armstrong Last week, the Trump administration blacklisted Anthropic, a company whose AI [...]
Zurich to leverage Beazley’s Lloyd’s platform for global expansion March 2, 2026 Zurich Insurance Group has reached a formal agreement to acquire FTSE 100 giant Beazley, aiming to create a global leader in speciality insurance. Under the terms of the deal, Beazley shareholders will be entitled to receive a total of 1,335p per Beazley share, which puts the cost of the deal at around $10.9bn (£8.14bn). The [...]
MS Reinsurance announces retirement of Charles Goldie and appointment of Jörg Bruniecki as Chief Underwriting Officer March 2, 2026 Global reinsurer MS Reinsurance (MS Re) today announced that Group Chief Underwriting Officer (CUO) Charles Goldie will retire from the company, effective April 1, 2026, after five years in the role. He will continue to support the organization as Senior Advisor to Chief Executive Officer (CEO) Robert Wiest. Jörg Bruniecki, currently CUO, Global Specialty Lines, [...]
Exclusive: RFU in talks over back of shirt and short sponsor deals March 2, 2026 The question that hangs over rugby union always seems to be a financial one: how can a sport with successful World Cups, a strong women’s game and a generally affluent audience struggle so much to commercialise itself effectively? That doesn’t seem to be an issue for England and its governing body, the Rugby Football Union. [...]
Global trade at risk as insurers suspend cover following Iran conflict March 2, 2026 More than half of the world’s largest maritime insurance firms are set to cease covering war risks for ships entering the Persian Gulf after conflict broke out in the Gulf region, following the US and Israel’s launch of strikes on Iran on Saturday. As of Thursday, seven members of the City-based International Group of Protection [...]