EIG’s MidOcean Energy Announces $120m Investment from The Arab Energy Fund as Part of Equity Raise May 20, 2026 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced a $120 million equity investment from The Arab Energy Fund (‘’TAEF’’), a leading multilateral impact financial institution, as part of its current equity capital raise. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520063539/en/ [...]
Andy Burnham refuses rule out manifesto-busting tax hikes May 20, 2026 Andy Burnham has refused to commit himself to protecting Labour Party manifesto commitments to not raise taxes. Burnham, who is Labour’s candidate in an upcoming by-election in Makerfield, declined to comment on whether he supported the party’s 2024 election manifesto. The Manchester mayor appears to be on a path towards becoming Prime Minister, sharing clips [...]
MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million May 20, 2026 Global reinsurer MS Reinsurance announced today that it produced a net profit of $415 million after tax for the year ended 2025, compared to $346 million for the year ended 2024. The announcement follows on from the release by ultimate parent company, MS&AD1, of the insurance group’s consolidated financial results for the full year 2025 [...]
‘Sounds too good to be true?’ City watchdog clamps down on social media insurance scams May 20, 2026 The Financial Conduct Authority is cracking down on insurance scams advertised on social media and messaging platforms after finding half of young drivers have purchased illegitimate insurance premiums this way. The regulator said nearly 40 per cent of drivers aged 17-25 are “unconfident” in spotting the signs of a fake insurance policy, meaning “thousands could [...]
Billionaire exodus should not be UK’s headline concern May 20, 2026 Billionaires are good for headlines, but it's what's happening lower down the corporate food chain that interests Susannah Streeter.
Pacific Prime Unveiled the Global Employee Benefits Trends Report 2026 May 20, 2026 Pacific Prime, a leading global health insurance brokerage and employee benefits specialist, unveiled its latest Global Employee Benefits Trends Report (GEBTR) 2026. The report shines lights on the global businesses’ responses to the pressing cost challenges and evolving workplace demographics. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519733156/en/ Cost dominates benefits strategies [...]
Everest Announces Agreement to Sell Colombia Insurance Operations to AIG May 19, 2026 Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced a definitive agreement to sell Everest Compañía de Seguros Generales Colombia S.A. to American International Group, Inc. (NYSE: AIG). The transaction builds on Everest’s previously announced sale of its global Commercial Retail Insurance renewal rights to AIG [...]
Milliman Financial Strategies Limited launches MGTS Milliman SmartShield Fund in UK May 19, 2026 Funds provide investors with disciplined approach to downside protection, previously only available to insurers and institutional investors
Natixis Investment Managers’ Funds Honored at the 2026 LSEG Lipper Fund Awards Worldwide May 19, 2026 Natixis Investment Managers (Natixis IM) today announced that several of its affiliate asset management companies, including DNCA Investments, Dorval Asset Management, Mirova*, Ostrum Asset Management, Vega Investment Solutions, and WCM Investment Management, have been recognized at the 2026 LSEG Lipper Fund Awards. These distinctions, awarded in the US, Europe, and Asia, reward funds that have [...]
KfW, Germany’s largest national promotional bank, future-proofs regulatory reporting, by migrating to Regnology Reporting Hub (RRH) May 19, 2026 Longstanding client transitions to the next-generation RRH solution, delivered on Regnology’s Rcloud architecture