Zurich Insurance Expects $550M Hit From Hurricane Ian, but On Track to Beat Targets November 10, 2022 By Michael Shields and Carolyn Cohn Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe’s fifth-largest insurer said on Thursday, though...
Medibank Hack Could Cost A$700M for Damages and Fixes November 10, 2022 The data breach at Medibank Private Ltd. could cost the Australian health insurer A$700 million ($450 million) if customers decide...
Global Securities Regulators Plan Closer Scrutiny of Carbon Trading November 10, 2022 By Huw Jones Global securities regulators proposed closer scrutiny of carbon trading on Wednesday to deepen liquidity and prevent greenwashing in markets used...
People Moves: Vantage Taps Hamilton’s Skerlj as Chief Risk Officer; Hamilton Promotes Baker to Group CRO; LSM Names Garcia Larriu for Senior Role in Spain November 9, 2022 This edition of International People Moves details appointments at Vantage Group Holdings, Hamilton Insurance Group and Liberty Specialty Markets. A...
African Insurers Pledge $14 Billion of Cover for Climate Disaster Risks November 9, 2022 By Virginia Furness and Simon Jessop A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14 billion of...
Aviva Plans ‘Regular and Sustainable’ Investor Payouts as Premiums Rise November 9, 2022 By Carolyn Cohn Aviva plans “regular and sustainable” investor payouts, its CEO said on Wednesday, as the British insurer reiterated plans for a...
How Climate Change Will Affect Countries Around the World November 9, 2022 By Gloria Dickie While delegates at the COP27 climate conference discuss the shared problem of climate change, each country will face its own...
Data Stolen From Australian Health Insurer Medibank Posted on Dark Web November 9, 2022 By Keira Wright Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted...
Former Danske Bank CEO Cleared in $322M Investor Lawsuit November 8, 2022 Danske Bank’s former chief executive Thomas Borgen was cleared by a Danish court on Tuesday of any liability for shareholder...
World Bank to Host Facility for Climate Disaster Risk November 8, 2022 The World Bank will host a new facility that will help countries that suffer heavy economic loss due to climate...