The Bank of England has warned that financial risks in the UK have increased this year due to elevated valuations of companies investing in artificial intelligence, risky lending practices, and leveraged bets in government bond markets. This was stated in the Bank’s semi-annual Financial Stability Report released on Tuesday. According to the report, the UK […]

Underwriting in China’s commercial insurance sector remains disciplined and selective, as insurers prioritise profitability. According to Aon’s Q3 2025 Global Insurance Market Insights Report, the market is generally operating under moderate to soft pricing conditions, benefiting preferred and well-performing risk accounts. However, upward pressure persists in the Directors and Officers (D&O) liability segment, marking a […]

Japan’s commercial insurance market continues to be in a hardening phase as major domestic property and casualty insurers tighten their underwriting standards. Shinichi Kandatsu, Head of Commercial Risk Solutions at Aon Japan, stated that these insurers account for approximately 90% of the commercial market and are adjusting their underwriting approaches across key insurance lines, according […]

Starbucks has agreed to pay $38.9 million to settle claims brought by New York City, after the coffee chain allegedly breached a local law requiring predictable and stable schedules for employees over half a million times during a three-year period, Mayor Eric Adams’ office announced on Monday. According to the office, this settlement marks the […]