Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine December 12, 2024 Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility...
BHP, Rio Pressured Women to Sign NDAs After Sexual Harassment Complaints: Lawyer December 12, 2024 By Melanie Burton BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according...
Hacking Rooftop Solar Is a Way to Break Europe’s Power Grid December 12, 2024 By Eamon Farhat All it takes is one hacker and a batch of faulty solar panels to threaten the safety of Europe’s electric...
BMS Group to Acquire Spanish Broker Rasher and Its Latin American Subsidiaries December 12, 2024 BMS Group, the London-based specialist insurance and reinsurance broker, announced that it has entered into an agreement to acquire the...
Hermes Family in Talks to Invest in French Insurer Albingia December 12, 2024 By Angelina Rascouet, Tara Patel and Claudia Cohen A family office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in...
Datamaran Announces Deal With Deloitte to Use ESG Software December 11, 2024 By Frances Schwartzkopff Datamaran, a provider of sustainability-related software, announced a collaboration with Deloitte in three European markets to provide companies with ways...
Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance December 11, 2024 Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance...
Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel December 11, 2024 British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists...
Future Pandemic Could Cause $13.6 Trillion in Economic Losses Over 5 Years: Lloyd’s December 11, 2024 Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance...
Large UK Insurers to Report Daily Cash Positions During Crises Under New Proposals December 11, 2024 Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed on...