Securities Regulators Back International Climate Risk Disclosure Body February 11, 2021 By Huw Jones Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate...
Brexit Boosts Amsterdam Ahead of London as Europe’s Top Stock Trading Center February 11, 2021 By Huw Jones Amsterdam has displaced London as Europe’s biggest share trading center after Britain left the European Union’s single market, and picked...
Preliminary Report Finds Throttle Problem in Sriwijaya Air Jet That Crashed February 11, 2021 By Fransiska Nangoy and Bernadette Christina Munthe JAKARTA —The Sriwijaya Air plane that crashed last month killing 62 people had an imbalance in engine thrust that eventually...
German Court Says EY Auditors Must Testify Before Parliamentary Panel About Wirecard February 11, 2021 By Karin Matussek Two Ernst & Young auditors were told by a German court that they must testify before a parliamentary committee about...
A Snowstorm that Cost Nearly $2.2B and Other January Natural Catastrophes: Aon February 11, 2021 A snowstorm in Spain, called “Filomena,” caused business interruption and property losses estimated at nearly €1.8 billion ($2.2 billion), according...
UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England February 10, 2021 By Huw Jones The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding...
AI Startup that Uses AI and Partners with Re/insurers, Now Is Seeking Canadian IPO February 10, 2021 By Marcy Nicholson and Kevin Orland Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about...
UK Broker Specialist Risk Group Buys Trade Credit Specialist, The Channel Partnership February 10, 2021 Specialist Risk Group (SRG), a London-based specialist insurance broker, has announced the acquisition of a UK trade credit specialist, The...
Chubb Global Markets Creates New Energy Underwriting Team February 10, 2021 Chubb announced the creation of a new energy team in Chubb Global Markets (CGM) that will underwrite and serve as...
Facebook Faces 2nd UK Class Action Lawsuit over Data Harvesting Scandal February 10, 2021 By Kirstin Ridley Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of...