An arbitrator ruled that Chevron Corp.'s acquisition of Hess Corp. does not allow ExxonMobil to purchase Hess' non-operated interest in the Stabroek block offshore Guyana. The $53 billion deal was approved, despite ExxonMobil's claim under a joint operating agreement. The Stabroek block, a major oil reserve, involves Chevron (30%), ExxonMobil (45%), and CNOOC (25%). The ruling resolves a 16-month dispute over rights-of-first-refusal provisions, with all parties reaffirming their commitment to the joint venture.

Swiss Re Institute's report warns that US tariffs will slow global insurance premium growth in 2025, with non-life and motor sectors most affected. Global premium growth is projected to drop to 2% in 2025 from 5.2% in 2024, driven by economic weakness, policy instability, and competition. US motor physical damage is expected to face the highest impact due to increased auto part costs and claims severity.

A panel of insurance and finance experts discussed synergies between insurance and litigation finance at a conference in New York, but remained silent when asked about Chubb's potential threat.

Caixabank SA has reached an agreement to become a major shareholder in Europastry with a 20% stake, which will be achieved through a capital increase. The formalization of this entry into Europastry's share capital is expected in the coming weeks.

In a unanimous decision, Justice Ketanji Brown Jackson ruled that courts should decide disputes regarding the arbitration of Dogecoin disputes, even if multiple agreements conflict on this issue. The case, Coinbase v. Suski, involved a dispute over a Dogecoin sweepstakes on Coinbase, where two inconsistent documents were presented: Coinbase’s user agreement and the sweepstakes rules. The opinion emphasizes that the question of who should have the primary power to decide the arbitrability of disputes must be answered by a court, rather than arbitrators.