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 [...]
CoStar Data Shows U.K. Economy Outperformed Growth Expectations in Q1 2026 May 18, 2026 Led by broad increases across the services sector, the U.K. economy expanded in March, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260518451277/en/ Quarterly growth reached 0.6%, up from 0.1% in the [...]
First Guests Arrive at Four Seasons Resort and Residences Red Sea at Shura Island from 20 May, as Red Sea Global Launches First JV Resort May 18, 2026 RSG and Kingdom Holding Company bring first joint venture-developed resort at The Red Sea to market
UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
Google built the internet economy. AI is rewriting it. May 15, 2026 For the last two decades, most businesses have competed for visibility. Google rankings, paid search, website traffic, marketplace positioning and social reach became the foundations of modern customer acquisition. Entire industries were built around helping brands climb search results, generate clicks and capture online demand more efficiently than competitors. That ecosystem created clear winners. Companies [...]
What does new City minister Rachel Blake have in store for the Square Mile? May 15, 2026 The Westminster drama has hit the City in more ways than one. After Wes Streeting’s resignation triggered a mini-reshuffle, Felix Armstrong and Samuel Norman take a look at what the new City minister might have in store. In just under two years, the City has its fourth minister. Tulip Siddiq resigned in January 2025 after [...]
British Gas to cough up £20m for ‘unfair treatment’ of vulnerable customers May 15, 2026 British Gas is set to cough up £20m after the watchdog closed an investigation into the energy giant and found it “fell short in its treatment of an unacceptable number of vulnerable customers”. The investigation looked into British Gas’ treatment of customers who had prepayment meters (PPMs) installed without permission, with consumers set to benefit [...]
Pan Pacific London director: The City is ‘incredibly special’ May 15, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Pan Pacific London director of marketing communications Michelle Whittemore, whose hotel has been nominated in the Best Overnight Experience category. To nominate your favourite Square Mile spots, from bars [...]
Happy 170th birthday British Land – here’s to 170 more years May 15, 2026 Despite facing industry headwinds like high construction costs, property giant British Land is showing no signs of slowing down on its 170th anniversary, says Joanna Hodgson As millions of Brits headed to polling stations last week for the UK local elections, Emma Cariaga couldn’t help but think about the origins of her employer, the property [...]
IGI Announces Increase in Quarterly Ordinary Common Share Dividend May 14, 2026 International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has voted to increase the Company’s quarterly ordinary common share dividend to $0.075 per share, representing a 50% increase from the present rate of $0.05 per share per quarter. This marks the third consecutive year that the [...]