Banks Still Need to Learn Lessons from 2022 Crises: BoE January 10, 2023 By Iain Withers Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022,...
Environmental, Social and Governance Credit Risks to Rise in 2023: Moody’s January 10, 2023 By Juliette Portala Economic and political turbulence caused by the COVID-19 pandemic and Russia’s invasion of Ukraine will be likely to heighten environmental,...
Ardonagh Specialty Joins Global Broking Network, Brokerslink January 10, 2023 Brokerslink has added Ardonagh Specialty to its international network. Three businesses within Ardonagh Specialty – Ed Broking, Ed Bermuda and...
Australia Proposes Plan to Make Biggest Polluters Slash Emissions January 10, 2023 By Sonali Paul Australia’s Labor government proposed on Tuesday to make the country’s biggest polluters slash emissions by 30% over the next seven...
UK Financial Services Firms Lead Europe in Push to Shrink Board Gender Gap January 10, 2023 By Irina Anghel UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost...
Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re January 10, 2023 By Tom Sims and Alexander Hübner Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on...
Beazley Launches Global Re/insurance Market’s First Cyber Catastrophe Bond January 9, 2023 Specialist insurer Beazley has launched the global insurance market’s first cyber catastrophe bond. The $45 million bond gives Beazley indemnity...
French Drugmaker Servier Appeals 2021 Convictions Connected to Weight-Loss Pill January 9, 2023 French drugmaker Servier on Monday launched its appeal against manslaughter and deception convictions handed down by a Paris court in...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap January 9, 2023 By Alaric Nightingale Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed...
Amynta Group to Acquire Brit’s MGU Ambridge Group for $400M, Forms Capacity Deal January 9, 2023 Brit Ltd.’s managing general underwriter, Ambridge Group, will be acquired by Amynta Group for $400 million. In addition, a multi-year...