Archegos Founder Bill Hwang Sentenced to 18 Years in Prison
His firm’s collapse wiped $100 billion in market value, prosecutors said. Source link
Radar
Allianz Commercial UK boss Côté departs to join RSA in new CEO role
Allianz Commercial managing director UK Nadia Côté has left the insurer to join RSA as CEO Europe. She only assumed the Allianz Commercial role in May 2023, after the new trading arm was created featuring an integrated approach for Allianz Global Corporate & Specialty and mid-sized country-based accounts. An Allianz spokesperson said: “We can confirm … Read more
Meet the MGA: Kayzen Specialty
Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused. Charles, what was the thinking behind the formation of Kayzen and your decision to go it alone after some 30 … Read more
SpaceX's sixth Starship test flight: Soft splashdown but no booster catch
In this Science segment, we look at SpaceX’s latest test flight of its Starship megarocket. The flight went well and achieved several milestones, but the team did not manage to repeat last month’s incredible manoeuvre, when the massive Super Heavy booster was retrieved by the launch tower’s “chopstick” arms. That move was hailed as a … Read more
Target Shares Plunge on Earnings Miss
The retailer says spending remains sluggish for apparel, TVs and home goods. Source link