EU Agrees Weakened Climate Target in Final-Hour Deal for COP30 November 5, 2025 By Kate Abnett, Inti Landauro and Benoit Van Overstraeten EU climate ministers agreed a 2040 climate change target in the early hours of Wednesday after watering down the goal...
Philippine Typhoon Deaths Climb to 116 as New Storm Looms November 5, 2025 By Cliff Venzon and Neil Jerome Morales Typhoon Kalmaegi killed at least 116 people in the Philippines, becoming the deadliest storm to hit the Southeast Asian nation...
Global Funds Add to Warnings of Risks in Private Credit November 5, 2025 By Echo Wong, Venus Feng and Bei Hu From global banks to alternative fund managers, more senior financiers are joining a growing chorus warning of cracks in private...
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch November 5, 2025 By Joe Mayes UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she...
People Moves: Westfield Specialty Int’l Taps Former AIG Exec Baldwin as President; Vantage Promotes Senior Leaders in Reinsurance, Partnership Capital Platform November 4, 2025 This edition of International People Moves details appointments at Westfield Specialty International and Vantage Group Holdings. A summary of these...
G20 Climate Targets Show Acceleration in Reducing CO2, LSEG Says November 4, 2025 By Alastair Marsh Global efforts to slash emissions are set to pick up significantly in the years to come. That’s according to an...
Update: Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa November 4, 2025 The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of...
Typhoon Kalmaegi Kills 21 as It Pummels Central Philippines November 4, 2025 By Ditas Lopez and Cliff Venzon Typhoon Kalmaegi killed 21 people and displaced nearly 400,000 more as it dumped heavy rains and caused widespread flooding in...
Li Auto Recalls Over 11,000 of Its Flagship EV on Battery Fire November 4, 2025 By Bloomberg News Li Auto Inc. is recalling 11,411 of its flagship Mega multi-purpose electric vehicles in China after one of its cars...
UBS Warns of Systemic Risk From Weak US Insurance Regulation November 4, 2025 By Ambereen Choudhury UBS Group AG’s chairman warned against looming risks in the US insurance industry, citing weak and complex regulations amid an...