Coal Financing Drying Up as More Countries Target Zero Carbon Emissions November 24, 2020 By Aaron Sheldrick and Fransiska Nangoy TOKYO – Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions...
No-Deal Brexit Would Cause More Damage to UK than COVID: BoE’s Bailey November 24, 2020 Bank of England Governor Andrew Bailey said on Monday a no-deal Brexit would cause longer-term damage to Britain’s economy than...
COVID Passports Could Speed Up Revival of International Travel November 24, 2020 By Charlotte Ryan and Tara Patel Global airline lobby IATA is working on a mobile app that will help travelers demonstrate their coronavirus-free status, joining a...
Swiss Re Corporate Solutions Hires Allianz’ Baacke as Head of Risk Engineering Services November 24, 2020 Swiss Re Corporate Solutions appoints Tina Baacke as global head Risk Engineering Services, effective Jan. 1, 2021. In this role,...
UK Insurer Aviva Sells Stake in Italian Life Unit for $475 Million November 24, 2020 By Benjamin Robertson Aviva Plc is selling its stake in its Italian life insurance joint venture for about 400 million euros ($475 million)...
Howden Buys Cyber and Tech Specialist Broker Safeonline November 23, 2020 Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist...
Hamilton Launches New Bermuda Special Purpose Insurer Called ‘Ada Re’ November 23, 2020 Hamilton Insurance Group Ltd. announced the launch of Ada Capital Management Ltd., a Bermuda-regulated insurance agent authorized to underwrite on...
BMS Names Madell as Director in New Financial Lines Division November 23, 2020 BMS Group, the independent specialist re/insurance broker, announced the appointment of Chris Madell as director in BMS’ new Financial Lines...
Ping An’s Goal to Pivot from Finance Group to Tech Giant Is Now Threatened November 23, 2020 By Bloomberg News The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An...
Huge Vestas Wind Turbine Collapses in Northern Sweden in Rare Accident November 23, 2020 By Lars Paulsson A 230-meter tall wind turbine built by Vestas Wind Systems A/S collapsed at a site in northern Sweden over the...