China: Several insurers in talks with Vanke over domestic non-standard debt

Published on March 1, 2024
Several Chinese insurance companies late last week sent senior executives to the headquarters in Shenzhen of China Vanke, the country's second biggest property developer by sales, to conduct
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FG Financial & FG Group Holdings complete merger to form Fundamental Global

March 1, 2024
FG Financial Group, Inc. (FG Financial) and FG Group Holdings Inc. (FG Group Holdings) have completed the previously announced merger pursuant to which FG Group Holdings merged with and into FG Group LLC, with FG Group LLC surviving as a wholly-owned subsidiary of FG Financial.Following completion of the merger, FG Financial has now changed its name to Fundamental Global Inc. (Fundamental Global).

Record-breaking Texas fire to drive losses in hundreds of millions USD

March 1, 2024
According to Aon, the Smokehouse Creek Fire in Texas has already burned more than a million acres, becoming one of the largest fires in recorded state history and potentially contributing to total aggregate losses in the hundreds of millions USD.Aon’s weekly cat report explained that hot and windy conditions have accelerated wildfire growth in the southern United States since February 26, leading