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07.11.25 - 08:42
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Olympus Corporation H1 Income Retreats (AFX)
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TOKYO (dpa-AFX) - Olympus Corporation (OCPNF) released a profit for first half that Dropped, from the same period last yearThe company's bottom line came in at JPY29.187 billion, or JPY25.96 per s......
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10.09.25 - 11:06
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SageSure Agrees to Acquire Olympus MGA (Business Wire)
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Acquisition accelerates SageSure's growth into the mass-affluent homeowners segment in Florida.JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, announced today that it has entered into a definitive agreement to acquire Gemini Financial Holdings Corporation (“Gemini Financial”) and its subsidiaries, including Olympus MGA Corp. (“Olympus MGA”). Olympus MGA, one of the top underwriting franchises in Florida, is the managing general agent for Olympus Insurance Company (“Olympus Insurance”), a leading Florida property insurer that serves the mass-affluent homeowners segment.
As part of the transaction, Valence Insurance Holdings, the parent company of SageSure's carrier partners Auros and Interboro Insurance, will acquire Olympus Insurance and captive reinsurer Radiant, Ltd.
The strategic acquisition will enhance SageSure's position in the Florida property insurance market, resulting in a combined ~130,000 info...
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08.09.25 - 10:54
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Olympus Fails to Declare 30 B. Yen in Taxable Income (Nippon)
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Tokyo, Sept. 8 (Jiji Press)--Olympus Corp. failed to report some 30 billion yen in taxable income over the two years through March 2024, people familiar with tax authorities' investigation into the Japanese precision equipment maker said Monday. The company was ordered by the Tokyo Regional Taxation Bureau to pay some 11 billion yen in back tax and penalties, the people said. Olympus repo......
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05.09.25 - 07:54
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It′s the big fat Greek farming scandal – devised by the political elite and paid for by ordinary people | Alexander Clapp (The Guardian)
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A massive EU subsidy scandal has pulled back the curtain to reveal how power operates in GreeceSign up for our new weekly newsletter Matters of Opinion, where our columnists and writers will reflect on what they've been debating, thinking about, reading and moreSomething strange has been happening in Greece: animals are appearing out of nowhere. Between 2016 and 2022, the sheep population on the island of Crete more than doubled. Or so claim Greek state records, which, over a similar period, reveal other curious trends across the country. The slopes of Mount Olympus are said to be swaddled with banana plantations, high-security military airports have been turned over to olive trees, and pasture for goats and lambs now extends off the land and out into the crystalline depths of the surrounding seas.All these claims are as ludicrous as they are lucrative, and they point to an embarrassing scandal that is roiling Greek politics: the revelation that for years, enormous sums of EU funds were being pocketed by...
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