EU Prepares to Get Tougher on Asset Managers that ‘Greenwash’ Sustainable Credentials March 10, 2021 By Simon Jessop and Kate Abnett LONDON/BRUSSELS – For money managers and advisers keen to market their sustainable investing credentials to European clients, going green is...
Tokio Marine Examines Validity of Greensill Insurance Policies Provided by Australia Unit March 10, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc. said on Wednesday it is investigating the validity of insurance policies provided...
Marsh Names Barnes to New Global Sustainability, Climate Strategy Role March 10, 2021 Global insurance broker Marsh has appointed Amy Barnes to the newly created role of head of Sustainability and Climate Change...
Mosaic Begins Underwriting War, Terrorism & Political Violence Risks Globally March 9, 2021 Mosaic, the new Bermuda-based global specialty insurer, announced it has begun underwriting war, terrorism and political violence risks globally out...
Legacy Specialist DARAG Acquires Bermuda-Based SunPoint from Fosun International March 9, 2021 DARAG, the Malta-based legacy acquirer, announced the acquisition of SunPoint Holdings Ltd. in Bermuda. SunPoint will be integrated into DARAG...
Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next March 9, 2021 By Lucca de Paoli Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it. On Monday,...
Chubb Names Kelaher as Country President for Australia and New Zealand March 9, 2021 Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher,...
Australia’s Largest P/C Insurer Says It Has No Net Exposure to Greensill Capital March 9, 2021 Insurance Australia Group, the country’s largest general [P/C] insurer, said on Tuesday it had no net exposure to supply chain...
Allianz Commits $75M to Hong Kong Fintech WeLab, While Forming Partnership March 9, 2021 Allianz’s technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing...
Greensill Files for UK Insolvency After Losing Insurance for Debt Repackaging Business March 8, 2021 LONDON – Greensill Capital filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said...