Newsroom

Sorted by: Latest

-

Prismic Life Announces $5 Billion Reinsurance Agreement with Prudential Financial

HAMILTON, Bermuda--(BUSINESS WIRE)--Prismic Life Holding Company, LP (“Prismic”) announced today an agreement with Prudential Financial, Inc. (NYSE: PRU) (“Prudential”) to reinsure a portion of Prudential’s recently originated Japanese whole life policies. Under the terms of the agreement, Prismic will reinsure approximately $5 billion of reserves backing USD-denominated Japanese whole life insurance policies originated by Prudential’s Japanese affiliates. Prudential’s obligations to these poli...
-

Best’s Market Segment Report: US Title Industry Remains Profitable Despite Persistent Housing and Affordability Challenges

OLDWICK, N.J.--(BUSINESS WIRE)--U.S. title insurance premium increased by 13% in 2025 with sustained momentum into 2026, even as the housing market continues to face constrained inventory and home affordability pressures, according to a new AM Best report. The Best’s Market Segment Report, “US Title Industry Remains Profitable Despite Persistent Housing and Affordability Challenges,” states that the 2025 premium increase was attributable to higher mortgage origination volume driven by refinanci...
-

Sling Therapeutics to Present Data from Phase 2b/3 LIDS Trial of Oral IGF-1R Inhibitor Linsitinib in Thyroid Eye Disease at ASOPRS 57th Annual Fall Scientific Symposium

ANN ARBOR, Mich.--(BUSINESS WIRE)--Sling Therapeutics, Inc., a clinical-stage biopharmaceutical company developing the first and only late-stage oral small-molecule therapy for thyroid eye disease (TED), today announced that data from its Phase 2b/3 LIDS trial of linsitinib in adults with moderate to severe active TED will be presented at the American Society of Ophthalmic Plastic and Reconstructive Surgery (ASOPRS) 57th Annual Fall Scientific Symposium, taking place October 8–9, 2026, at the Hy...
-

Pagaya Issues AAA-Rated $600 Million Personal Loan ABS Transaction

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $600 million AAA-rated personal loan ABS transaction (PAID 2026-6). “We achieved tighter pricing on this transaction relative to recent deals, which reflects strong investor confidence in Pagaya's credit performance and underwriting platform," said Sahil Chandiramani, Head of Capital Markets...
-

Phillips 66 Announces Refining Leadership Transition

HOUSTON--(BUSINESS WIRE)--Phillips 66 today announced that Rich Harbison, executive vice president, Refining, has decided to retire, effective Dec. 31, 2026....
-

Clean Harbors Completes Acquisitions of EnviroServe and ES&H

NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (“Clean Harbors” or the “Company”) (NYSE: CLH), a leading provider of environmental and industrial services throughout North America, today announced the completion of its previously announced acquisitions of EnviroServe, a national provider of environmental and waste management services, and ES&H, a leading regional provider of environmental and emergency response services in the Gulf region. The two transactions were completed for a com...
-

Better Home & Finance Announces Update on Consent Solicitation

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or the “Company”) today shared an update on the consent solicitation initiated by Vishal Garg and the other participants in the solicitation. The Special Committee (the “Special Committee”) of the Board of Directors (the “Board”) of the Company has withdrawn its challenge to the preliminary report of the independent inspector of elections regarding the consent solicitation initiated by Mr. Garg. The Spe...
-

Thermo Fisher Scientific Proteomics Technologies Enable Discovery of More Than 2,500 New Biological Associations in PRECISE-SG100K Study

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today announced that its strategic collaboration with Precision Health Research, Singapore (PRECISE) and Nanyang Technological University, Singapore (NTU Singapore) has led to the discovery of more than 2,500 previously unreported genetic-protein associations. By combining Thermo Fisher’s complementary proteomics technologies with PRECISE-SG100K's large-scale health and genomic data, researchers...
-

Newegg's FantasTech Sale II Returns: Thousands of Tech Deals, from Gaming PCs and GPUs to Laptops and Monitors

DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg (Newegg Commerce, Inc., NASDAQ: NEGG), a global leader in computer and technology products, today announced the launch of its FantasTech Sale II, running October 5 through October 11, 2026. The limited-time event features thousands of deals across more than 100 product categories, available to customers in both the United States and Canada. Gear Up for Fall's Biggest Game Releases With major titles like Gears of War: E-Day and Call of Duty: Modern Wa...
-

iMGP and DBi Launch iMGP DBi Absolute Return ETF (DBAR)

PARIS & NEW YORK--(BUSINESS WIRE)--iM Global Partner (iMGP) and DBi today announced that the iMGP DBi Absolute Return ETF (NYSE Arca: DBAR) launched on September 30. DBAR is an actively managed ETF that targets 100% exposure to DBi's managed futures strategy and 30% exposure to U.S. equities. The fund seeks long-term capital appreciation through exposure to both a proprietary Managed Futures Strategy and a U.S. Equity Strategy. DBAR's managed futures sleeve uses the same hedge fund replication...