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Headlines
Personal Insolvencies Jumped by 14% in 2024 Across England and Wales
The number of people going financially insolvent in England and Wales last year was 14% higher than in 2023, driven by debt relief orders, DROs, jumping to a record high, according to the Insolvency Service, Alliance News…
Element Insurtech Faces Insolvency, Impacting 400,000 Customers
Element, once hailed as a promising player in the German insurtech sector, has declared insolvency following restrictions imposed by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the Pinnacle Gazette reported. The…
AgroGalaxy Drops as Distress-Related Costs Boost Loss
AgroGalaxy Participacoes SA, a Brazilian agricultural supplies retailer that sought creditor protection last year, plunged the most in more than a month as its third-quarter loss widened because of expenses related to the…