Companies Walk ESG Tightrope, Under Fire From All Sides Over Disclosures February 29, 2024 By Richa Naidu and Simon Jessop Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and...
EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law February 29, 2024 By John Ainger and Frances Schwartzkopff A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states,...
US, Philippines Pay Highest Economic Price for Climate-Fueled Weather February 28, 2024 By Leslie Kaufman The United States and the Philippines are the countries hit hardest by climate-driven extreme weather, measured as a percentage of...
People Moves: AXIS Names Lord as Global CIO, Barriero as Head of Strategic Sourcing, Corporate Real Estate; Xenia Taps Stennett From Allianz Trade as CEO February 28, 2024 This edition of International People Moves details appointments at AXIS Capital Holdings and Xenia Broking Group. A summary of these...
Direct Line Rejects ‘Unattractive’ £3.1 Billion Bid From Ageas February 28, 2024 By Jan-Henrik Förster and Pamela Barbaglia Direct Line Insurance Group Plc said its board unanimously rejected a bid from Ageas, describing the offer as “uncertain” and...
Houthis Say They Could Reassess Red Sea Attacks if Israeli ‘Aggression’ Stops February 28, 2024 By Jonathan Saul and Mohamad Ghobari Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
Southern Water Fined for Sewage Spill That Killed 2,000 Fish in England February 28, 2024 By Jessica Shankleman Southern Water was fined £330,000 on Tuesday after admitting a raw sewage spill that killed thousands of fish on the...
UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report February 28, 2024 By Lucy White The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds...
Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales February 28, 2024 Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch...