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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Strong U.S. annuity sales has led to increased formations of sidecars, with total ceded reserves to sidecars or entities engaged in sidecar-like activity increased to more than $90 billion in 2025 from $55 billion in 2023, according to a new AM Best report.The Best’s Special Report, “Big Year of Growth for Life/Annuity Sidecar-Like Activity in 2025,” notes that the vast majority of reserves ceded are covering liabilities for indexed and fixed annuities. Individual

EVANSVILLE & COLUMBUS, Ind.--(BUSINESS WIRE)--Donaldson Capital Management (DCM), a registered investment advisory firm managing over $3.7 billion in assets, announced today its merger with IMC Advisors, LLC (IMC), a registered investment advisory firm in Columbus, Indiana. The combined firm strengthens DCM's presence in central Indiana and brings IMC's clients access to a deeper bench of planning, investment, and service resources. The two firms have known each other for years. What began as a

LAKELAND, Fla.--(BUSINESS WIRE)--The parties have mutually decided to end their relationship and have entered into a Transition Services Agreement.

IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Retirement Consulting has been named one of the Top DC Advisors for Multi-Office Firms by the National Association of Plan Advisors.

COPENHAGEN, Denmark--(BUSINESS WIRE)--Keepit, the world's only vendor-neutral and truly immutable cloud dedicated to SaaS data protection, today announced the renewal and upsizing of its credit facilities to $90 million USD, with continued support from the Export and Investment Fund of Denmark (EIFO) and HSBC Innovation Banking. The move reinforces Keepit's financial foundation as the company enters its next phase of growth, including the expansion of its AI-powered data governance and complian

AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--July 1, 2026-- SAM (“SAM” or the “Company”), a leading independent provider of mission-critical geospatial and inspection services to the utility and critical infrastructure markets, and New Mountain Capital, LLC (“New Mountain”), a leading growth-oriented investment firm, today announced that funds managed by New Mountain have made a majority investment in the Company, acquiring the ownership interest of Peak Rock Capital, the majority investor in SAM

BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy Wilson, a global real estate investment company, has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire Carraway, a 421-unit multifamily community in West Harrison, New York, for $237 million. The acquisition further expands Kennedy Wilson’s investment management platform and deepens its relationship with long-standing Japanese partners Kenedix and Hulic. Completed in 2021, the Class A property is located in Westchester County, approximat

NEW YORK--(BUSINESS WIRE)--Tradeweb, a global leader in electronic trading across asset classes, today announced the successful completion of a landmark real-time transaction involving tokenized U.S. Treasuries. Executed on Tradeweb, the trade paired an on-chain U.S. Treasury with tokenized cash (USDCx), while leveraging the Canton Network's synchronized settlement capabilities. Franklin Templeton transferred a tokenized U.S. Treasury security to Virtu Financial in exchange for USDCx. Tradeweb

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Nancy Bewlay has been named Executive Vice President, Global Chief Underwriting Officer, effective September 8, 2026. Ms. Bewlay will report to Eric Andersen, President & Chief Executive Officer of AIG, and join the Company’s Executive Leadership Team. She will be based in New York. In this role, Ms. Bewlay will have responsibility for AIG’s underwriting strategy, including advancing underwriting

SAN FRANCISCO--(BUSINESS WIRE)--Perpetuals.com Ltd (NASDAQ: PDC), the AI-powered financial services company that is leveling the playing field for traders, today announced that CEO Patrick Gruhn will present and take investor questions at the following online conference: Emerging Growth Conference Wednesday, July 15, 2026, at 12:35 p.m. Eastern Time The presentation will be available via live webcast at: https://goto.webcasts.com/starthere.jsp?ei=1764180&tp_key=8f1191cdb2&sti=pdc Questi

CINCINNATI--(BUSINESS WIRE)--Fifth Third (NYSE: FITB) has been recognized in the 2026 Kiplinger Readers’ Choice Awards, earning an ‘Outstanding’ rating for customer service among national banks, a distinction determined entirely by the customers who bank with Fifth Third every day. Now in its fourth year, the Kiplinger Readers’ Choice Awards gathered responses from more than 4,200 readers nationwide, all active customers at the financial institutions they rated. Participants evaluated their pro