Federated Hermes Inc. Increases Stock Holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC)
Federated Hermes Inc. increased its holdings in Marsh & McLennan Companies, Inc. (NYSE:MMC – Free Report) by 101.6% in the first quarter, according to the company in its most recent […]
Country-specific risk assessment and control for China’s outbound investments
Geopolitical tensions have by no means doused Chinese enterprises’ enthusiasm for outbound direct investment. However, they are required to be more selective with their targets. Wu Xiaohui, general counsel and […]
Liberty GTS names Harry Ballan as head of Americas tax liability practice
Liberty Global Transaction Solutions (GTS), a division of Liberty Mutual Insurance, appointed Harry Ballan as the Head of Tax for the Americas. In this new role, Ballan will spearhead the […]
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first time, cryptocurrency was […]
The Inflation Reduction Act finally gave the U.S. a real climate change policy
August 14, 2023 – The Inflation Reduction Act (IRA) was signed into law a year ago this week. It is widely seen as the crown jewel of the “industrial policy” […]
Colonial Life Group Accident Plans Cover Pet Boarding, Family Care And Alternative Therapy
(MENAFN– PR Newswire) COLUMBIA, S.C., Aug. 15, 2023 /PRNewswire/ —colonial life has expanded its group accident coverage to help employers offer more choices and new benefits for their employees. There […]
Arbitrability – stay of proceedings in favour of arbitration Falcon Insurance v Bing Lee [2023] HKCFI 1129
Summary A dispute arose in respect of proceedings initiated by an insurer (the plaintiff) seeking a declaration of nonliability. The insurance policy in question was subject to an arbitration clause […]