Slovenia Estimates €7 Billion Price Tag for Reconstruction After Floods August 31, 2023 By Jan Bratanic Rebuilding from this month’s floods in Slovenia will cost €7 billion ($7.6 billion) over the next five years, Prime Minister...
Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds August 31, 2023 The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...
NFL-Style Lawsuit and Brain-Injury Concerns Hang Over Rugby World Cup August 31, 2023 By Steve Douglas Alix Popham traveled the world as a rugby player. He played 33 times for Wales and competed at two Rugby...
India’s Reliance Hunts for CEO of Jio Financial Services’ Newly Created Insurance Biz August 31, 2023 By Preeti Singh and P R Sanjai Reliance Industries Ltd. is in discussions with global and domestic executive headhunters to find a leader for Jio Financial Services...
Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers August 31, 2023 By Clara Denina and Sarah McFarlane Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they...
What Caused Closure of Toyota’s 14 Assembly Plants in Japan? August 30, 2023 Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle...
Super Typhoon Saola Lashes Taiwan Before Heading to Hong Kong August 30, 2023 By Cecilia Yap and Sing Yee Ong Super Typhoon Saola pummeled the south of Taiwan early Wednesday with strong winds and heavy rain, shutting offices and canceling...
People Moves: Starr Names Chen CEO of Starr Singapore; Arch Re Announces 4 Executive Promotions; Fidelis MGU Boosts Underwriting Team With 6 Promotions August 30, 2023 This edition of International People Moves details appointments at Starr Insurance, Arch Reinsurance and Fidelis MGU. A summary of these...
Dutch Insurer NN Says Extreme Weather May Make Further Premium Hikes Unavoidable August 30, 2023 By April Roach Dutch insurer NN Group NV may increase premiums further as extreme weather patterns become more prevalent, Chief Executive Officer David...