As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
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....