This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. Markets are set for turmoil today after Donald Trump launched a global … Read more
According to Eric Andersen, President of broking giant, Aon, the insurance-linked securities (ILS) market continues to be a very “boutique business within reinsurance” for the firm, in terms of the scale of the traditional reinsurance treaties seen across the industry on property cat, liability and specialty.Andersen noted that ILS is a growth area though and … Read more
Most of the companies in the world have now their operations in multiple states – But what if any technical issue with the workers occurs? How to sort it out? In this manner, remote IT support is changing the face of regular employment. A small number of businesses have their own in-house IT support staff … Read more
NORTHBROOK, Ill., Jan. 30, 2025 – The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals. For the first nine months of 2024, Group Health had revenues of … Read more
Starting a business is an exciting milestone, and more entrepreneurs are taking that step. In 2024, the U.S. saw an average of 430,000 new business applications per month—an inspiring 50% jump from 2019. But as businesses grow beyond the startup phase, managing cash flow can get more complex—costs can add up quickly and you may … Read more
