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News
ASIC confirms investigation into collapsed Sphere Insurance Group
2+ day, 22+ hour ago (374+ words) "ASIC can confirm that it has commenced an investigation and has engaged with the liquidator in connection with that investigation," an ASIC spokesperson told Insurance Business. Read next: ASIC issues warning to AFS licensees ASIC declined to say whether it…...
Broker results week: write-downs, buyouts and an empty chair
2+ week, 4+ day ago (362+ words) The two largest ASX-listed broker networks operating in Australia and New Zealand report within 24 hours of each other this week. AUB Group with record underlying earnings, delivered on Tuesday and Steadfast, due on Wednesday, is also carrying a signed $7.7 billion…...
DSEX erases 100-point gain as margin gazette triggers???sell-on-news??? reaction
3+ week, 18+ hour ago (700+ words) Saturday August 22, 2026 The broad index of the Dhaka Stock Exchange (DSE) witnessed a dramatic reversal today (18 August), as early-session euphoria over the finalisation of new margin lending rules quickly faded, giving way to a massive wave of profit-taking. The benchmark…...
Global Shipping Braces as Strait of Hormuz War-Risk Insurance Spikes to 10%
3+ week, 4+ day ago (759+ words) streamlinefeed.co.ke The cost of maritime war-risk insurance for commercial vessels transiting the Strait of Hormuz has surged to nearly 10 percent of hull value, threatening to sever global crude oil trade routes and inflict massive inflationary pressure on import-dependent…...
GIC Re Q1 Results: Domestic Growth Meets Regulatory Hurdles
3+ week, 4+ day ago (275+ words) Whalesbook The General Insurance Corporation of India (GIC Re) announced its financial results for the first quarter of the 2027 financial year on August 13, 2026 The companyâs net earned premium remained steady at â¹11,081 crore compared to the same period last…...