Suresh Ganapathy, Managing Director and Head of Financial Services Research at Macquarie Capital, expects a promising outlook for the financial sector in the coming year. With the Reserve Bank of India (RBI) cutting the Cash Reserve Ratio (CRR) by 50 basis points, Ganapathy highlights that the deposit environment is set to improve, potentially leading to … Read more
The UN World Economic Situation and Prospects Report 2025 has pegged the global economic growth forecast at 2.8% for 2025 and 2.9% for 2026, largely unchanged from previous years. It has projected a slight improvement in growth for least developed countries (LDCs) in 2025, slower global growth than the pre-pandemic average of 3.2%, and a … Read more
Van Ameyde UK to come under Woodgate & Clark brand – Insurance Age End of drawer navigation content Skip to main content Woodgate & Clark and Van Ameyde UK have confirmed plans to become one integrated business under the Woodgate & Clark brand. All employees of Van Ameyde UK will transfer over to Woodgate & … Read more
Brown & Brown Europe rounded off 2024 with a swoop for Hampshire-headquartered Addingstone Insurance Solutions, Insurance Age can reveal. The December deal was the broker’s 13th of the year, putting it second only to JMG Group (with 16) in terms of the numbers of buys it sealed over the last 12 months, based on the … Read more
Lloyd’s has announced that CEO John Neal will be leaving in 2025 to join Aon as its global CEO of reinsurance and global chairman of climate solutions. In what is a new role at Aon, the broker said Neal will “help lead [its] efforts to address the growing and complex risks associated with climate change, … Read more