Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B May 16, 2024 By L.S. Howard Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strategic review. The iptiQ business...
UK Tightens Scrutiny of All Indian Spice Imports Amid Contamination Allegations May 16, 2024 By Rishika Sadam Britain’s food watchdog has applied extra control measures on all spice imports from India, it said on Wednesday, becoming the...
ECB Warns of Financial Stability Risks From Global Elections, Geopolitics May 16, 2024 By Alexander Weber Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by...
Zurich’s First-Quarter P/C Revenue Rises on Higher Premiums May 16, 2024 By Myriam Balezou Zurich Insurance Group AG said revenue from property and casualty insurance rose 12% in the first quarter on a like-for-like...
Oil-Sands Capital of Canada Now Grappling With Second Wildfire May 16, 2024 By Robert Tuttle and Brian K. Sullivan The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer...
Ardonagh Specialty Rebrands Reinsurance Business as ‘Price Forbes Re’ May 15, 2024 Ardonagh Specialty announced it is naming its reinsurance business Price Forbes Re. The renaming of Inver Re in London and...
Before Global Scrutiny, Indian Spice Maker MDH Faced Many US Rejections May 15, 2024 By Rishika Sadam Popular Indian spice brand MDH, under scrutiny for alleged contamination in some products, has since 2021 seen an average 14.5%...
EU Finalizes Investment Fund Labels to Combat Greenwashing May 15, 2024 By Huw Jones The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable”...
Markets/Coverages: Coalition Enters Excess Cyber Insurance Market in Australia May 15, 2024 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it entered the excess cyber insurance market in...
Update: Wildfire Threat to Oil-Sands Capital Expected to Ease as Winds Shift May 15, 2024 By Robert Tuttle and Brian K. Sullivan The threat of a wildfire bearing down on the unofficial capital of Canada’s oil-sands industry is expected to lessen as...