Allianz Plans to Take Harder Line on Insuring Fossil Fuel Industry to Meet Climate Goals May 3, 2022 By Simon Jessop and Carolyn Cohn Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of...
Central Banks, Supervisors Must Focus on Financial Resilience to Climate Change: BoE May 3, 2022 The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by...
Generali’s Board Reappoints CEO Without Support From Rebel Investors: Sources May 3, 2022 The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favor out of 13,...
Bird Flu Forces Free-Range Chickens Into Lockdown, From Pennsylvania to France May 3, 2022 By Tom Polansek and Sybille de La Hamaide Organic and free-range chickens have been thrown into lockdown. Egg-laying hens that normally have access to the outdoors can no...
Net Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA May 3, 2022 The business opportunities provided by the global transition to net zero is potentially large enough to double the size of...
China’s Ping An Profit Drops 24% as Pandemic Deals Blow to Business May 3, 2022 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, said profit fell 24% and warned that outbreaks of...
Global Shipping Industry Pushes to Rescue Seafarers Trapped in Ukraine May 2, 2022 By Jonathan Saul Just under 500 seafarers remain stuck onboard 109 ships at Ukrainian ports – skeleton crews who were left on board...
Howden, Munich Re and Skyline Develop Parametric Cover for Jamaica Farmers May 2, 2022 Howden, the London-based insurance broker, has worked with Munich Re and Skyline Partners to develop a product that protects the...
Intact Financial Corp. and Tryg Complete Sale of Codan Denmark to Alm. Brand May 2, 2022 Intact Financial Corp. and Tryg A/S have completed the sale of Codan Forsikring A/S’ Danish business to Alm. Brand A/S,...
Brown & Brown Agrees to Acquire Dublin’s Quinlan Insurance May 2, 2022 Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial...