Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms required to develop resolution plans in case of insolvency, according to the G20’s Financial Stability Board (FSB). The updated global list, published on Tuesday by the FSB, now includes 17 companies, an increase of four from the previous year. Alongside the three Swiss firms, Dutch insurer Athora was also added to the roster. Zurich Insurance Group AG is a Swiss insurance company. Swiss Re is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Swiss Life provides life insurance, risk, pensions and financial solutions.

The resolution plans are designed to enhance preparedness among companies and…

The art rock outfit was chasing the success of their break-out single Take Me Out and self-titled debut record around the globe when they were asked to represent Greece at the 2005 Eurovision Song Contest.

Kapranos, who celebrates his Greek heritage on the track Black Eyelashes from this year’s album The Human Fear, said fate intervened in them knocking back the opportunity to compete in the singing Olympics as the singer eventually selected, Helena Paparizou, went on to win.

“I love Eurovision. I love Greece. I love playing music. But the combination thereof, I didn’t think was going…

The Sterling Biotech case, one of India’s most significant bank frauds, has neared its conclusion with the Supreme Court’s conditional quashing of criminal cases against the fugitive Sandesara brothers. The complex saga, intertwining a massive financial scam with a protracted insolvency process, spans nearly a decade. Here is a detailed timeline of key events.

The Unraveling: Exposure of the Fraud (Pre-2018)

• Circa 1990s-2017: Sterling Biotech Ltd., a listed pharmaceutical company promoted by Nitin Sandesara, Chetan Sandesara, and Dipesh Patel, operates multiple facilities. Investigations later allege that the promoters orchestrated a complex web of transactions through hundreds of shell companies to siphon off…

Late November is often a time when holiday spending increases and the swipe of a credit card becomes more frequent. So it may feel unusual to think of now as the right time of the year to tackle your growing credit card debt. But the reality is that there’s never a bad time to regain your financial health and security, and in today’s unique economic landscape, many could actually benefit from taking a…

Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence.

Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.

A Darlington-headquartered restructuring and insolvency practice is expanding with a new operation in the North-West.

Business Rescue Expert’s expansion is being spearheaded by Kevin Pinkerton, who has joined from law firm Freeths, where he was the national head of restructuring and insolvency, heading a team across seven offices.

Kevin has joined Business Rescue Expert as managing director after 23 years as a lawyer specialising in restructuring and insolvency, during which time he also qualified as a licensed insolvency practitioner.

Business Rescue Expert, which is celebrating its 20^th anniversary, has its headquarters in Darlington and operates nationwide.

It is an independent practice…