Category: Wallet Briefs

Allstate’s July cat losses push pre-tax aggregate to $2.4B

Allstate’s July cat losses push pre-tax aggregate to $2.4B

By Charlott Smith August 23, 2026
Allstate's July catastrophe losses hit $682 million, pushing pre-tax aggregate to $2.4B. See how severe weather impacted insurance in 2026.
Cat bond yields show steadying market trends

Cat bond yields show steadying market trends

By Sophie Taylor August 21, 2026
Cat bond yields stabilize as the market returns to historical norms, reflecting steadying trends in insurance-linked securities.
Websol plans for solar future

Websol plans for solar future

By Charlott Smith August 17, 2026
Websol, India's oldest solar module maker, plans for solar future with new leadership and growth strategies in solar energy sector.
Meta Fights Social Media Addiction Lawsuits

Meta Fights Social Media Addiction Lawsuits

By Charlott Smith August 14, 2026
Meta faces social media addiction lawsuits over alleged harm to young users and privacy law violations, pushing back against allegations.
Stocks fall as oil prices stay high

Stocks fall as oil prices stay high

By Emily Jones August 13, 2026
High oil prices affect Indian stocks, with Nifty and Sensex facing a weak start due to geopolitical tensions and oil prices stay high.
Gold nears 10-week peak ahead of US inflation data

Gold nears 10-week peak ahead of US inflation data

By Charlott Smith August 12, 2026
Gold prices surge near a 10-week peak as investors await US inflation data to gauge Federal Reserve rate moves.
India Outlook Improves with Rising Credit Flows

India Outlook Improves with Rising Credit Flows

By Emily Jones August 8, 2026
India's market outlook improves with rising credit flows and foreign equity inflows supporting the rupee.
China uses US AI for defence systems

China uses US AI for defence systems

By Charlott Smith July 31, 2026
China uses US AI for defence systems, employing model distillation to train domestic systems with US artificial intelligence models outputs.
Lights Camera Actuary with AXA UK’s Camilla Bennett

Lights Camera Actuary with AXA UK’s Camilla Bennett

By Charlott Smith July 19, 2026
Read the inspiring career journey of AXA UK's actuary Camilla Bennett, from a temporary role to Chief Risk Officer. Learn about her insights.
Aon names new APAC CEO for STG

Aon names new APAC CEO for STG

By Charlott Smith July 16, 2026
Aon appoints Sean Deehan as new APAC CEO to expand access to risk and capital solutions, driving growth in the region.