EU Forms Landmark Deal to Bolster Carbon Market as Centerpiece of Green Strategy December 20, 2022 By Ewa Krukowska and John Ainger The European Union reached an agreement to strengthen and expand its flagship carbon market, endorsing the centerpiece of the Green...
EU Unity Over Russia Sanctions Falters as Europe’s Economy Weakens December 20, 2022 By John O'Donnell European Union unity over sanctions on Russia has started to falter as jitters about the impact on Europe’s own stumbling...
Fund Managers Frustrated Over Confusing ESG Regulations December 20, 2022 By Greg Ritchie, Steven Arons and Natasha White After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge...
Biodiversity Emerges as New Risk for Asset Managers After UN Summit December 20, 2022 By Alastair Marsh Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in...
Insurers May Refuse to Cover Planes, Ships Exposed to Ukraine Conflict: Sources December 19, 2022 Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who...
UK MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability December 19, 2022 Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which...
German Authorities Recover Significant Part of Haul From 2019 Jewelry Heist December 19, 2022 German authorities said Saturday that they have recovered a significant part of the 18th-century treasures stolen from Dresden’s Green Vault...
Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters December 19, 2022 By Tom Wilson, Angus Berwick and Elizabeth Howcroft The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a...
Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts December 19, 2022 By Noor Zainab Hussain and Carolyn Cohn Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and...
People Moves: Markel Int’l Promotes Green to Head of U/W Risk, Higgins to Head of Cat Mgmt; Fidelis Promotes 3 Senior Leaders Mathias, Bellamy and Davern December 16, 2022 Markel Int’l Names Green as Head of Underwriting Risk, Higgins as Head of Cat Mgmt Markel International, a subsidiary of...