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Exclusive: Groupe Crédit Agricole is in advanced talks on a potential #acquisition of Societe Generale Group’s German consumer-finance business Hanseatic Bank, according to people familiar with the matter. Scoop w/ Jan-Henrik Förster and eyk_henning #finance #deals bloomberg.com/news/articles/…

Paris has allocated €1.4 billion to clean up the #Seine . President Macron and #Paris Mayor Hidalgo have pledged to take a dip to show it’s #Olympics-safe. Will It be enough to convince athletes? Story w/ Gaspard Sebag #Paris2024 #OlympicGames bloomberg.com/news/features/…

Officials in France are so sure that the Seine will be ready for Olympic Athletes to swim in, they're jumping in to prove it. We spoke to Alexandre Rajbhandari in Paris about the growing concern that the river is too polluted to be considered safe.

After a massive political gamble that sent chills down the spine of the French political establishment, Macron tells France to chill this summer 🌞🏖

New: Prudential gets a new #CEO Andy Sullivan, who held leadership positions in all of the US #insurer's businesses since he joined in 2011, will succeed Charlie Lowrey at the end of March. #Exclusive interview with the two executives below: bloomberg.com/news/articles/…

Global insurers are expected to pay more than $135 billion for natural catastrophes in 2024, according to a report by the Swiss Re Institute. #climatechange #globalwarming #hurricanes #flooding #insurance bloomberg.com/news/articles/…

Scoop: #NewYork is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. With Natalie Lung bloomberg.com/news/articles/…

We dove into the records to uncover how New York’s taxi system found itself in such a staggering mess with its insurance and what that means for New Yorkers. Great reporting by Laura Nahmias Alexandre Rajbhandari Natalie Lung Claire Ballentine bloomberg.com/news/features/… via Bloomberg

Wildfires engulfing entire swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers potentially incurring losses of more than $10 billion. bloomberg.com/news/articles/…

The potential cost for insurers of the devastation caused by the Los Angeles #wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan, doubling their estimate from just a day before. bloomberg.com/news/articles/…

California banned insurers from canceling or not renewing residential property policies in the Los Angeles neighborhoods that were affected by the blazes that destroyed swaths of the city this week. #PalisadesFire #EatonFire bloomberg.com/news/articles/…

Warren Buffett’s Berkshire continued whittling a longtime bet on Bank of America in last year’s final months, while keeping a stake in Apple intact following an earlier reduction bloomberg.com/news/articles/…

AIG plans to increase its allocation to private assets as the insurer aims to grow its net investment income, with the biggest boost going to #privatecredit. bloomberg.com/news/articles/…

Among the world’s richest people, Warren #Buffett is one of the rare few whose personal fortunes have grown this year #wealth #berkshire bloomberg.com/news/articles/…

Chubb CEO Evan Greenberg called for a “coherence of policy” to dispel confusion around President Donald Trump’s approach to trade, saying predictability is essential for economic growth bloomberg.com/news/articles/…

In 2024, Egan-Jones says it graded more than 3,000 private credit deals… with a team of about 20 analysts. Industry insiders worry trouble is brewing. Read our Big Take, by Silas Brown, Laura Benitez and myself below. bloomberg.com/news/articles/…