Women in UK Financial Services Earn One-Third Less Than Male Colleagues: Data Show April 8, 2024 By Sinead Cruise and Carolyn Cohn Some of Britain’s top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies...
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures April 8, 2024 By Myriam Balezou and Gautam Naik Zurich Insurance Group AG will no longer underwrite new oil and gas projects, and is cracking down on clients planning...
How Three European Human Rights Cases Could Shape Climate Litigation April 8, 2024 By Gloria Dickie and Emma Farge Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will...
Taiwan Property Insurers Likely to Remain Profitable Despite Quake Losses: GlobalData April 5, 2024 The 7.2 magnitude earthquake that struck Taiwan’s east coast on April 3 caused substantial damage, particularly in Hualien with collapsed...
High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market April 5, 2024 By Yihui Xie In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now...
Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses April 5, 2024 By L.S. Howard Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire...
EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine April 5, 2024 By Kriti Gupta and Anna Edwards Subsidized insurance would attract investors to help rebuild Ukraine’s war-battered economy, according to the European Bank for Reconstruction and Development....
Investment Deficit Puts Planet on Path to Miss 1.5C, Study Finds April 5, 2024 By Natasha White A lack of investment in green energy has left the world on track to overshoot the 1.5C temperature increase that...
Buyers’ Market Prevails During April Renewals as Reinsurers Seek Growth April 5, 2024 Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as...
People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA April 4, 2024 This edition of International People Moves details appointments at HSB Canada and Canopius Group. A summary of these new hires...