Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts February 2, 2021 By Jonathan Tirone Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal...
Sampo Should Sell Holding in Lender Nordea to Focus on Insurance: Activist Investor February 2, 2021 Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus...
India’s New Rules for Insurance Investments Could Attract U.S., European Insurers February 1, 2021 NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can...
Aviva Investors Weighs Ditching Holdings in Biggest Carbon Emitters for Climate Inaction February 1, 2021 By Simon Jessop LONDON – Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world’s...
P/C Insurtech Funding Reaches $4.7B Record in 2020 – A Story in Charts February 1, 2021 By Susanne Sclafane After a slow start in 2020, insurtech funding reached a record level of $7.1 billion for the year, with $4.7...
UK Businesses Are Being Hit with Post-Brexit Delays, Bureaucracy – And Higher Costs February 1, 2021 By Lizzy Burden Truckloads of British pig meat waiting to be shipped to Germany and stuffed into bratwursts perished at UK ports this...
International Underwriting Association Elects Zurich’s Kuchinski as Chairman February 1, 2021 Robert Kuchinski, head of Commercial Insurance at Zurich UK, has been elected as the new chairman of the International Underwriting...
Swiss Re Corporate Solutions Names Slack as Head UK, Ireland, S. Africa & EMEA Wholesale February 1, 2021 Swiss Re Corporate Solutions appoints Melanie Slack as head UK, Ireland, South Africa & EMEA Wholesale, effective May 1, 2021....
Brazil Reinsurer IRB Rises 18% as Some Retail Investors Mimick GameStop January 29, 2021 By Carolina Mandl and Tatiana Bautzer SAO PAULO – Brazilian reinsurer IRB Brasil Resseguros rose 18% on Thursday, closing at 7.67 reais, as some Brazilian retail...
Insurtech Trov Partners with UFODRIVE to Insure London-Based Electric Vehicles January 29, 2021 Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance...